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प्रश्न
How is the product life cycle advantageous?
उत्तर
- When the product life cycle is known the firm can prepare an effective product plan.
- Management can take advance steps before the decline of the product.
- The maturity stage can be extended by finding new uses of the product.
- Technological innovations can be adopted to improve the quality, features and design of the product.
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संबंधित प्रश्न
The following are all major stages of a product life cycle except ______.
In declining stage of PLC, which tool would be more preferred?
Choose the correct sequence of the Product Life Cycle.
Which feature is pertaining to Introduction stage of PLC?
AB Visions Ltd. want to introduce a new variety of reading glasses where the vision can be adjusted according to the user's requirement. Explain the first two stages in the life cycle of this product.
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.
Explain the maturity stage of the product life cycle.
Explain the strategies to be adopted during the introduction stage of Product Life Cycle.
Explain the strategies to be adopted during the growth stage of the Product Life Cycle.
Explain the second and third stage of product life cycle.
