All categories

4 years ago

What is the marketing objective for the decline stage of the product life cycle?

1 answer:

3 0

In the decline stage of the product the main objective of the marketing is reinforce the positive perception of the brand by the loyal costumers. In this stage, the product is not going to attract any new potential costumers; therefor the marketing efforts are often focused to advertise the product to its loyal customer base, this decreases marketing costs while improving the overall perception of the product and ultimately the brand.

You might be interested in

3. What are three purchasing activities in businesses?

zheka24 [161]

Mark me brainiest

Personal Purchases.
Mercantile Purchasing.
Industrial Purchasing.
Institutionalized or government purchasing.

3 0

3 years ago

What can you do to protect your personal information?

tia_tia [17]

Make sure your emails are only used on reliable sites, along with your number and address, avoid websites that don’t use .gov .com or .org

4 0

3 years ago

If a new-car loan costs 6%, a used-car loan would cost approximately ___ percent

Rufina [12.5K]

I'm guessing it's like half of that.
So 3%.
However, I saw online 4.9 %

8 0

3 years ago

Suppose that the quantity of DVD players sold increased from 200 to 400 when the price fell from $225 to $175. Over this price r

Nataly_w [17]

Answer:

Option D.

Explanation:

Given information:

$Q_1=200, Q_2=400$

$P_1=225, P_2=175$

Formula for price elasticity of demand is

$E_d=\frac{Q_2-Q_1}{P_2-P_1}\times \frac{P_1+P_2}{Q_1+Q_2}$

Substitute the given values in the above formula.

$E_d=\frac{400-200}{175-225}\times \frac{225+175}{200+400}$

$E_d=\frac{200}{-50}\times \frac{400}{600}$

$E_d=-\frac{8}{3}$

$E_d\approx -2.67$

Absolute value is

$|E_d|= |-2.67|=2.67$

The absolute value of the price elasticity of demand for DVD players is 2.67.

Therefore, the correct option is D.

6 0

3 years ago

Peter offers his manager some suggestions for a new holiday display. His manager shrugs his shoulders and tells Peter that the d

Sunny_sXe [5.5K]

Answer:

Equity Theory.

Explanation:

As Peter offers his manager some suggestions for a new holiday display. His manager shrugs his shoulders and tells Peter that the display is all set. Then Sarah approaches the manager with an idea for the display, and the manager tells her that it’s a great idea. Equity theory is the model of motivation that explains how Peter is striving for fairness and justice. Equity theory explains that employees should be treated equally and fairly in order to keep them motivated at the workplace. If employees started feeling that they not being treated fairly then they will dissatisfied and demotivated at the workplace which will definitely reduces their work productivity. Human beings are motivated when they are treated fairly and equally.

6 0

3 years ago