Advertisements
Advertisements
प्रश्न
A high percentage of new products fail during this period of Product Life cycle:
विकल्प
Growth stage
Decline stage
Introduction stage
Maturity stage
उत्तर
Introduction stage
Explanation:
The introduction stage is when a new product is launched into the market. During this period, the product is still gaining awareness, and sales are typically slow. High costs associated with product development, marketing, and distribution often result in low or negative profits. Many new products fail to gain sufficient market acceptance or fail to generate enough revenue to cover these initial costs, leading to a high failure rate during this stage.
APPEARS IN
संबंधित प्रश्न
Which stage of Product Life Cycle has a greater emphasis on customer service?
The following are all major stages of a product life cycle except ______.
In which stage of product life cycle, the company takes decision whether to maintain, harvest or drop the product?
Typically profit is negative in which stage of the product life cycle?
The strategy of selective distribution may be employed during ______ stage of product life cycle.
Which feature is pertaining to Introduction stage of PLC?
Explain the maturity stage of the product life cycle.
Explain the decline stage of the product life cycle.
Explain the strategies to be adopted during the introduction stage of Product Life Cycle.
What is the product life cycle?
