Ask Question
BusinessBusiness
25 December, 10:33

In which stage of the product life cycle should product strategy focus on process modifications as the product is being "fine-tuned" for the market?

a. introductionb. growthc. maturityd. declinee. none of the above

+1
Answers (1)
  1. 25 December, 10:54
    0
    Answer: Introduction

    Explanation:

    According to the given question, the introduction is refers top the stage in the product life cycle which basically focus on the modification process of the products in the market.

    The introduction stage is basically describe about the features of the products and the services in the market and also build awareness about the products among the customers or users.

    The introduction stage is one of the first stage and in this stage we mainly describe about the pricing of the products for gaining the market share in this product cycle.

    Therefore, Introduction is the correct answer.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In which stage of the product life cycle should product strategy focus on process modifications as the product is being "fine-tuned" for ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Pamela applies for a life insurance policy with forever young insurance company. when completing the application form about past surgeries, pamela forgot about a past outpatient surgery when she had an infected hang-nail removed and her toe treated.
Answers (1)
Assume that when the price of a good increases from $45 to $55, the quantity demanded of the good decreases from 275 to 225. What is the price elasticity of demand
Answers (1)
State whether each situation is a prepaid expense (PE), unearned revenue (UR), accrued revenue (AR) or an accrued expense (AE). 1. Unrecorded interest on savings bonds is $245. 2.
No Answers
Draper Company sold $200,000 of extended warranties in 20X8. The warranty represents a separate performance obligation and covers any repairs needed over the next four years. The warranty takes effect on January 1, 20X9.
Answers (1)
The following events pertain to Jasper Corporation:May 1 Jasper purchased office supplies of $3,000 on account. May 5 The office supplies were shipped to Jasper. May 8 Jasper used these office supplies for a one-time event.
Answers (1)
New Questions in Business
Consider this argument: "The kidnappers have taken eight people hostage and are holding them at a farmhouse just outside town. If the SWAT team assaults the farmhouse, the hostages could be killed.
Answers (1)
Rent seeking is an attempt to A. use the government for individual benefit at the expense of others. Regulatory capture is an example of this, where a regulatory agency makes decisions benefiting the firm being regulated. B.
Answers (1)
An Insurance company is a business in which it pays to the company if there is a loss, damage, treatments or injury for the payment of premium amount. It calculates the risks that has occurred and pays to compensate the premium amount.
Answers (1)
Pool Line is the manufacturer of a pool cleaning system that has been called by the pool construction industry, "the miracle we have waited a lifetime for." The cleaning system is very effective and recommended by all consumer magazines.
Answers (1)
Use the following example to answer the following questions: Imagine that Stella deposits $25,000 in currency (which she had been storing in her closet) into her checking account at the bank.
Answers (1)
Home » Business » In which stage of the product life cycle should product strategy focus on process modifications as the product is being "fine-tuned" for the market? a. introductionb. growthc. maturityd. declinee. none of the above
Sign Up Forgot Password?