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denpristay [2]
3 years ago
5

Acme Corporation is currently experiencing rising sales for a new-product idea it pioneered several months ago. Profits are also

increasing, so other competitors are now entering the market with similar products. The competitive situation is changing from monopoly to monopolistic competition. In which stage of the product life cycle is Acme Corporation operating?A) Market introduction
B) Market maturity
C) Market growth
D) Sales decline
E) Market establishment
Business
1 answer:
kolezko [41]3 years ago
4 0

Answer:

B) Market maturity

Explanation:

Product life cycle is the different stages involving a product's introduction through to its period of decline. Just as living organisms have life cycles, so do products as well. A product's life cycle involves three major stages; Introduction or Early stage, Maturity stage and Declination stage. The introduction stage involves the period the product is just fresh from the factory with different series of modelling and has yet to be introduced to the target market. Introduction stage includes the period it is now introduced to the target market. Maturity stage involves the period the product has been introduced to the market. At this stage, it can draw either positive or negative responses. When it draws a positive response, it means the target market enjoy the product and tend to purchase more with sales skyrocketing. Declination stage involves the period the product attracts low sales.

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Answer:

The new truck will enter the account with the invoice value.

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Explanation:

Old truck 78,000

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Suppose your expenses for this term are as follows: tuition: $12,000, room and board: $6,500, books 4) and other educational sup
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Answer:

The opportunity cost is $24,000

Explanation:

Giving the following information:

Suppose your expenses for this term are as follows:

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Use information from the Washington Post article Why We've Been Hugely Underestimating the Overfishing of the Oceans to determin
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Answer:

1. False. The peak of 86 MILLION occurred in the year of 1996 and not in 2001 as per the reports of food and agricultural organisation of UN.

2. True. The given statement is correct from the source.

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3 0
3 years ago
Swinnerton Clothing Company's balance sheet showed total current assets of $3,300, all of which were required in operations. Its
Zanzabum

Answer:

c. $2,580

Explanation:

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