The stage in the product life cycle of the Instant Pot would be "growth stage".
<h3>Stages in product life cycle:</h3>
There are four stages in the life cycle of a product in the market which are-
- Take-off stage or introduction,
- Growth stage or shake-out stage,
- Maturity stage and
- Decline.
The characteristics of Growth stage are-
- Increasing sales, customers and profit.
- Greater competition from fellow companies. As rival companies release similar products, the competition is frequently strong during the growth period.
- The product will move into the growth stage if it maintains its success and continues to satisfy market demands.
- Price undercutting in the growth stage is typically uncommon because businesses in this stage can boost revenue by luring in new clients.
The said product can be confirmed to be in the growth stage because it exhibits higher growth in demand by social media marketing. Also, it shows there was a rise in the rival companies Ninja and Crock-pot pressure cookers.
Learn more about product life cycle, here
brainly.com/question/16866268
#SPJ4
The pros and cons of the Adjustable-Rate Mortgages are consistent payments and lower interest rates possible.
<h3>What is Mortgage?</h3>
Mortgage refers to the agreement between the lender and the buyer which involves the exchange of the money.
When person and a lender enter into a mortgage, the lender is granted the power to seize your property if person are unable to pay back the loan amount plus interest. Mortgage loans are used to either purchase a home or borrow against an existing home's worth.
Adjustable-Rate Mortgages is the loan which is granted for the homes which depends on the market as it does not has the fixed rate of interest.
The ARS mortgage type offers comfortable consistent payments, and over time, reduced interest rates may be feasible. However, there is a chance that interest will grow, which could be a drawback.
Learn more about Adjustable-Rate Mortgages here:
brainly.com/question/12345275
#SPJ1
Thinking about money for some of us (including myself) creates very emotional responses. Some emotions are happiness, sadness, guilt, fear and many others. You've heard the saying "money doesn't buy happiness", but what it does buy is a trip to Hawaii for myself and a college education for my daughter. For me, that's a great happiness start. Since this is not the emotion I usually have around money I knew that it was time to do something about it. As an entrepreneur, it becomes a vicious cycle of being happy when I have money and being not happy when I don't. In between those two emotions also live guilt, fear, frustration and sometimes anger. It's time for me to change my conscious shift when it comes to money, but where do I start? I sat down with Holly Signorelli who has always had wonderful and enlightening tips on this subject. Here is our conversation (and some great tips) on how to balance your emotions regarding money
I think the qns is not complete.