Which of the following stage in the PLC is characterized by rapid market acceptance increasing sales and increasing profits?

Which stage in the PLC is characterized by rapid market acceptance and increasing sales?

Which stage in the PLC is characterized by rapid market acceptance and increasing sales?

A) introduction
B) maturity
C) growth
D) decline
E) development

Answer: C


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56)Which stage of the typical consumer product life cycle is out of order below?56)

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57)Which of the following CANNOT be described using the PLC concept?57)A)product imageB)brandC)stylesD)product formE)product class

58)The PLC concept can be applied by marketers as a useful framework for describing how ________.58)

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59)Using the PLC concept to develop marketing strategy can be difficult because strategy is both a________ and a(n) ________ of the product's life cycle.59)

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60)In which stage of the PLC will promotional expenditures be especially high in an attempt to createconsumer awareness?60)

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61)In the ________ stage, the firm faces a trade-off between high market share and high current profit.61)A)declineB)growthC)adoptionD)introductionE)maturity

62)In which stage of the PLC will promotional expenditures be high in an attempt to respond toincreasing competition?62)

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Which stage of PLC is characterized by rapid market acceptance and increasing sales?

The growth stage is a period of rapid market acceptance and increasing profits.

Which stage in the product life cycle is characterized by a rapid increase in sales?

The growth stage in the product life cycle is a period of rapid revenue growth. As product awareness increases, customers are more likely to purchase the item and sales increase. The success of a product in one area can lead to the product being introduced into other market segments.

Which stage is a period of market acceptance and increasing profits?

_____ is a period of slow sales growth as the product is introduced into the market. Profits are nonexistent in this stage because of the heavy expenses of product introduction. ... .

In which stage of the PLC will promotional expenditures be high in an attempt to react to increasing competition?

Maturity stage is characterised by the market acceptance of the product and its broader reach.

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