Often, products enter decline the stage of the product life cycle not due to any error in strategy but because of environmental changes.
<h3>What is product life cycle?</h3>
A product life cycle is the amount of time a product goes from being introduced into the market until it's taken off the shelves. There are four stages in a product's life cycle—introduction, growth, maturity, and decline.
<h3>What is the decline stage?</h3>
The final stage of the product life cycle (after introductory stage, growth stage and maturity stage) when sales are dropping because the original need and want have diminished or because another product innovation has been introduced.
The sales of most products will decline at some stage. This can be due to factors such as technological advances, trends, innovation or changing consumer tastes. You will know when your product reaches the decline stage of its life cycle because you will notice a significant downturn in the revenue it generates.
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Answer: True
Explanation: Ivy lee is the father of public relations theory and suggested that for having healthy relation with clients in any business, the management in business should be honest and direct towards the client as this will help to win their confidence .
As per his understandings, deception with the client will not last long in the market leading to poor image.
The amount of applied overhead is $1,000.
<h3>
What is inventory?</h3>
- The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock.
- The main focus of inventory management is determining the location and shape of stocked commodities.
<h3>What is material cost?</h3>
- The price of direct materials is directly related to the unit of production and is immediately identifiable.
- For instance, the price of glass is a direct material expense in the production of light bulbs.
- The primary component needed for the production of commodities or products was material.
<h3>Solution -</h3>
To find the amount applied overhead:
3200 - ( 1400 + 800 ) = 3200 - 2200
= $1,000
Therefore, the amount of applied overhead is $1,000.
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Answer:
B) 50%
Explanation:
Matthew's total return on investment = (current price - original purchase price) / original purchase price
= ($150 - $100) / $100 = $50 / $100 = 0.5 or 50%
To be able to determine the annual rate of return we would need to know when did Mathew purchase the shares.
Answer:
e. corporate culture
Explanation:
Carlos has made several observations about the corporate culture. In other words, his observations were mainly about the believes and decisions that the company has made regarding its employees and outside of work factors. Which in this case are families. Their corporate culture values family a lot and they seem to hire individuals whose traits match these values as well. This is why they allow all of these leeways and benefits when regarding employee families.