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Which feature is pertaining to Introduction stage of PLC? - Commercial Applications

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प्रश्न

Which feature is pertaining to Introduction stage of PLC?

पर्याय

  • 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

MCQ

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.

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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 ३५]

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गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
पाठ 2 Marketing mix - 4 P's
EXERCISES | Q 49. | पृष्ठ ३५
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