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How is the product life cycle advantageous? - Commercial Applications

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प्रश्न

How is the product life cycle advantageous?

थोडक्यात उत्तर

उत्तर

  1. When the product life cycle is known the firm can prepare an effective product plan.
  2. Management can take advance steps before the decline of the product.
  3. The maturity stage can be extended by finding new uses of the product.
  4. Technological innovations can be adopted to improve the quality, features and design of the product.
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Product Life Cycle (PLC)
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Marketing mix - 4 P's - EXERCISES [पृष्ठ ३७]

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गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
पाठ 2 Marketing mix - 4 P's
EXERCISES | Q 15. b | पृष्ठ ३७
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