Knowing what stage of the product life cycle a product is in helps marketers make intelligent and efficient marketing decisions.
<h3>What is the product life cycle?</h3>
The stages that a product goes through as it enters, establishes itself and leaves the market are defined by the Product Life Cycle (PLC). The product life cycle, in other words, outlines the stages that a product is likely to go through. Managers can use it to examine their products and create plans as they move through different stages.
When a product is first introduced to the market, a company frequently faces higher marketing expenses; nevertheless, as product adoption rises, more sales are realized.
When a product's adoption matures, sales stabilize and peak, however they may decline due to competition and obsolescence. When making business decisions, from pricing and advertising to expansion or cost-cutting, the idea of product life cycle might be helpful.
To learn more about the product life cycle, visit:
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Answer:
D. Net Accounts Receivable will be understated
Explanation:
Answer:
$122,500
Explanation:
Calculation for the amount of the common fixed expense not traceable to the individual divisions
First step is to calculate Total segment margin
Total segment margin = $43,600 + $174,300
Total segment margin= $217,900
Now let calculate the Common fixed expense
Common fixed expense = $217,900-$95,400
Common fixed expense $122,500
Therefore the amount of the common fixed expense not traceable to the individual divisions is $122,500
Answer:
$444,444.44
Explanation:
Larry's life insurance corporation is trying to sell an investment policy that will pay you and your heirs a total amount of $32,000 per year
The required return on this investment is 7.2%
= 7.2/100
= 0.072
Since the cash flow is a perpetuity then, the amount that will be paid for the policy can be calculated as follows
PV= C/r
= $32,000/0.072
= $444,444.44
Hence the amount of money that will be paid for the policy is $444,444.44