Question

Identify one of your favorite purchases made in the last year. Then consider the product lifecycle...

Identify one of your favorite purchases made in the last year. Then consider the product lifecycle of that product and decide what section of the product life cycle the product you purchased falls into and explain your rationale for selecting that section of the life cycle.  

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Product name : One plus 6 T mobile phone

The product falls into decline stage in the product life cycle

The main reason I took decline stage is that the sales of the product will fall as there is an information that One plus 7 mobile phone will be releasing in May 2019. So when the one plus 7 is released company will stop producing One plus 6T and even the buyers will not buy One plus 6T as it will be a old version when One plus 7 comes into the market. Hence I choose the declining stage for my product.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
PLC and the Diffusion of Innovation Identify the stage your product is in on the Product...
PLC and the Diffusion of Innovation Identify the stage your product is in on the Product Life Cycle (PLC).   Then, based on the stage your product is in on the Product Life Cycle, you will identify the consumers you will be targeting in terms of the Diffusion of Innovations.   By using the question above, make the summary by using Nissan Almera as the brand and search Nissan Almera (PLC) and Diffusion of Innovations (300-350 words)
Identify a new product or service that has just become popular in the last year or...
Identify a new product or service that has just become popular in the last year or two that you believe could only exist due to eBusiness. Describe the product or service, its value proposition, and what there is about this product or service that made it impossible to be sold prior to the rise of eBusiness.
Based on your understanding of Alikay’s position in the product life cycle and expected sales volume:...
Based on your understanding of Alikay’s position in the product life cycle and expected sales volume: • Which production method do you think Alikay is using for the Black Soap Shampoo? Explain your rationale.
First, give an example of a product or service that you purchased in the last year...
First, give an example of a product or service that you purchased in the last year for which your demand is relatively inelastic. You should explain what factors influenced why your demand for the selected product or service was inelastic. Be as specific as possible in your explanation. You may wish to review the factors influencing the elasticity of demand for a product to assist you in your explanations. Second, give an example of a product or service that you...
rfwScenario: You currently work as the marketing manager of your favorite company/organization and manage the success...
rfwScenario: You currently work as the marketing manager of your favorite company/organization and manage the success of one of its products or services. Your responsibility is to monitor the stages of the Product Life Cycle (PLC) and adjust the marketing strategies as needed for your product to thrive for as long as possible. At each stage, you assess changes you need to make to the product, price strategy, as well as competition and profit. Create a presentation with speaker's notes...
I chose Target Identify a large company to be your mentor company to analyze and formulate...
I chose Target Identify a large company to be your mentor company to analyze and formulate its global marketing strategy. Under an Environmental Analysis heading Construct an environmental analysis for your chosen company in the global arena and regarding the below factors: Economic Trade Social and Cultural Political, Legal, and Regulatory Under a General Strategy heading Based on your environmental analysis, identify a country in one of the following regions for your company to expand to. If your company is...
Last year your portfolio made 15%; the stock market made 10%, and the risk free rate...
Last year your portfolio made 15%; the stock market made 10%, and the risk free rate was 2%. If the CAPM is correct, what must the beta of your portfolio be?
1. It is flu season, and although you had a flu shot last year, you have...
1. It is flu season, and although you had a flu shot last year, you have not had one this year. Imagine your- self experiencing an abrupt onset of fever, chills, malaise, muscle aching, and nasal stuffiness. A. Which of these symptoms would lead you to believe you are coming down with the flu? B. Because you hate to miss classes, you decide to go to the student health center to get an antibiotic. After being seen by a health...
Last year a firm made 100 units of its product available at a price of $10...
Last year a firm made 100 units of its product available at a price of $10 per unit. This year at $8 per unit the firm supplied 100 units. What is most likely to have happened over the year? a. Quantity supplied has decreased. b. Quantity demanded has increased. c. Supply has increased. d. Supply has decreased e. Demand has increased. Pl elaborate
2. You have carried out a synthesis reaction and isolated the solid crude product. Scrutiny of...
2. You have carried out a synthesis reaction and isolated the solid crude product. Scrutiny of its 1H NMR spectrum indicates the presence of an impurity, which you estimate to be approximately 6-8% of the total sample. You decide to purify it via recrystallization and know that you will first need to determine which solvent or solvent pair would be suitable. Describe what you would do and how you would evaluate your results. What properties of the solvent would you...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT