Phase of the products life cycle

Assignment Help Business Management

Reference no: EM13799422

Q1:

By having an understanding of the product life cycle, businesspeople can make savvy marketing choices. What is a popular item today that you've seen go through the product life cycle? Explain the characteristics for each phase of the product's life cycle. How can each phase of the life cycle impact the product's brand?

Q2:

Visit Minimus.biz a company specializing in individually-sized products. Review the different product categories along the left navigation panel of the home page. How might these items be combined to create a usage group like a "convention survival package" or "campers' kit"? Explain the reason for your choice.

Which items, if purchased, might create complementary demand for another item in the line? Explain how it might accomplish this?

Which items might substitute for another item? Why did you choose that substitute and how might it affect demand?

Reference no: EM13799422

Questions Cloud

Evaluating supply chain performance : From the e-Activity, choose a company that sells a service or a product. Evaluate its supply chain performance effectiveness in terms of responsiveness, technology, and customer-related measures

Individual assignment personal ethics development paper : Individual Assignment Personal Ethics Development Paper

Examine the key elements of the rhetorical situation : Examine the key elements of the rhetorical situation: the communicator, audience, message and purpose, context. Analyze the rhetorical strategies the campaign is using to send its message

Analyze the current health care delivery structure in state : Analyze the current health care delivery structure in state. Compare and contrast the major determinants of healthcare market power.

Phase of the products life cycle : Explain the characteristics for each phase of the products life cycle. How can each phase of the life cycle impact the product's brand?

Various business- and corporate-level strategies. : Explain the multiple aspects of the managerial planning process and the application of various business- and corporate-level strategies.

Poverty as a social injustice : Normal 0 false false false EN-US X-NONE X-NONE POVERTY AS A SOCIAL INJUST..

What changes took place during the industrial revolution : What changes took place during the Industrial Revolution that made sustained economic growth possible?

Describe the roles of the world bank : Normal 0 false false false EN-US X-NONE X-NONE Describe the roles of the Wo..

User Account

All Pages