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klasskru [66]
2 years ago
9

Are the stages of product life cycle more important for a business to focus on the introduction stage or the growth stage of a p

roduct? Why?
Business
1 answer:
ozzi2 years ago
4 0

Product life cycle is important for a business to focus on the introduction stage then the growth stage because the products to gain distribution as the product is initially new in the market. The quality of product is not assured and the price of the product will also determine as low or high.

Explanation:

  • The cost is going to be on a higher side.
  • The sales will be slow since there is no awareness of the product.
  • There might be little or no competition in the market.
  • You make very little money of the product sold.
  • Customer are to prompted to take initiate into the product.
  • Demand has to be created.
  • Marketing cost at the highest level because of recognition.
  • Profit is received from product is very minimal.
  • First impression is the last impression that impression is created
  • In the introduction of the product.

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As little as _______ percent of privately owned 4es ever move from the start-up stage to the success stage.
Vinil7 [7]
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The negative impact of the coronavirus on businesses​
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3 years ago
Act II Costumes currently has $120,000 in cash, $340,000 in inventory, and $20,000 in accounts receivable. The company also has
Len [333]

Answer:

Quick ratio = Current assets - Inventory/Current liabilities

= $480,000 - $340,000/$40,000

= 3.5

Current assets = $120,000 + $340,000 + $20,000 = $480,000

Current liabilities = $20,000 + $20,000 = $40,000

Explanation:

Explanation: Quick ratio is the ratio of liquid assets to current liabilities. Liquid assets are current assets less inventory. Liquid assets amounted to $140,000 while current liabilities are $40,000. The division of liquid assets by current liabilities gives quick ratio.                                                                                                                      

5 0
2 years ago
$1,200 is received at the beginning of year 1, $2,200 is received at the beginning of year 2, and $3,300 is received at the begi
mart [117]

Answer:

Their combined future value will be 8,141.59.

Explanation:

Each deposit is invested at 12%, but for a different amount of years. So, the best thing would be to separate the three, calculate their value at the end of the third year for separated, and then obtain the grand total by adding up the results.

  • First deposit = 1,200. It is invested for three years. The value at the end of year 3 is 1,200*(1.12)^3 = 1,685.91
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  • Third deposit = 3,300. It is invested for one years. The value at the end of year 3 is 3,300*(1.12) = 3,696.00
  • The sum of the three deposits is 8,141.59.
6 0
3 years ago
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