Advertisements
Advertisements
प्रश्न
Which feature is pertaining to Introduction stage of PLC?
विकल्प
Competition is very severe
Prodict is known all over the market.
It is a risky stage.
New versions of the product must be made available
उत्तर
It is a risky stage
Explanation:
The introduction stage of the Product Life Cycle is characterized by high risk. During this stage, the product is newly launched, and significant investments are made in marketing, distribution, and production. Sales are typically low as the market is just becoming aware of the product. The company faces uncertainty regarding market acceptance, making it a risky phase.
APPEARS IN
संबंधित प्रश्न
The following are all major stages of a product life cycle except ______.
Typically profit is negative in which stage of the product life cycle?
Choose the correct sequence of the Product Life Cycle.
In which stage of the product life cycle, sales continue to grow but at a decreasing rate?
You are the Marketing Manager of a fast moving consumer goods (FMCG) company and you find that one of your products, a washing detergent, is in its grown stage. Describe the steps that you would take to increase your sales in this stage.
Mention the various stages of 'Product Life Cycle'.
How is the product life cycle advantageous?
Explain the strategies to be adopted during the introduction stage of Product Life Cycle.
Explain the second and third stage of product life cycle.
What is the product life cycle?
