Answer:
introductory stage of product life cycle
Explanation:
Introductory stage of product life cycle -
It is refers to as the very first stage in the life cycle of the product , in this very stage the goods or services are completely new in the market and the sale is hence very slow , is referred to as the introductory stage of product life cycle .
It is a very crucial stage for the product in order to publicize the product in order to increase the sale of the product to earn profit .
Hence , from the given scenario of the question ,
The correct answer is introductory stage of product life cycle .
Answer:
(b) The candidate will be involved in setting up an independent division with responsibility for robotic equipment production and marketing.
Explanation:
- As an area of global marketing deals with the setting up of strategies for the development of marketing plans for the company. By adjusting the strategies that are well suited to other countries form a global point of view.
- Hence the candidates that come from the different locations will be more interested in setting up divisions that look after the promotion and distribution of products, people and processes to deliver good results.
- As it lowers market casts, it has the ability to leverage ideas more easily and quickly and helps the company create an international customer base.
Answer:
A) Country 1's PPF lies further to the right than country 2's PPF.
Explanation:
Production Possibility Curve shows the combination of two goods, that an economy can produce - by utilising given resources & technology best efficiently.
If country 1 produces twice the output of both goods compared to country 2. Then, country 1's PPF would lie further to the right than country 2's PPF. As, more quantities implies rightward shifted PPC, signifying more quantities of goods that can be produced.
Efficient or inefficient production leads to production inside or on PPC, doesn't shift PPC. Population change is also irrelevant in this case.
