Answer:
The Product Life Cycle
Every product goes through the various life cycle phases of introduction, growth, maturity and decline.
Key Points
Depending on its current stage in the product life cycle, a product will have different marketing, financing, manufacturing, purchasing and human resource requirements.
In the market introduction stage (following product development ), the product is released on to the market.
Sales are low and costs are high in the market introduction stage, thus, no profits are made. There is little to no competition and demand must be created through heavy promotion.
Key Terms
decline stage: when a product is not predicted to continue to be successful or upgraded
product life cycle: The process wherein a product is introduced to a market, grows in popularity, and is then removed as demand drops gradually to zero.
maturity stage: when a product is no longer in the growth stage, but not yet in the decline stage
Product Life Cycle: Overview
The product life cycle (PLC) describes the life of a product in the market with respect to business/commercial costs and sales measures. It proceeds through multiple phases, involves many professional disciplines and requires a multitude of skills, tools and processes.
This is not to say that product lives cannot be extended – there are many good examples of this – but rather, each product has a ‘natural’ life through which it is expected to pass.
The stages of the product life cycle are:
Introduction
Growth
Maturity
Decline
PLC management makes these three assumptions:
Products have a limited life and, thus, every product has a life cycle.
Product sales pass through distinct stages, each of which poses different challenges, problems and opportunities to its parent company.
Products will have different marketing, financing, manufacturing, purchasing and human resource requirements at the various stages of its life cycle.
The product life cycle begins with the introduction stage (see ). Just because a product successfully completes the launch stage and starts its life cycle, the company cannot take its success for granted.
As a project lead, your team is on its way to finishing work on the project, while you have the impression that a staff member is already negotiating the next assignment in another project. You are afraid that the person may come under pressure to start working on the other job before she has finished her work for your project. Her task is very complex, and it would be hard for someone else to take up the partial results and finish them. What action is most likely to resolve the situation
The action most likely to resolve the situation is to use your network of project managers to find another role for the person that allows for a smooth transition and doesn't conflict with your needs.
This is the best course of action because a smooth transition between projects allows for greater motivation in the current project, according to the PMBOK.
Therefore, using your network of project managers to find another assignment and allow for a smoother transition that doesn't conflict with your needs is the most suitable option.
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List the four steps in preparing a statement of cash flows in the correct order. Instructions Choice 1 of 4. determine the net cash flows from financing activities toggle button determine the net cash flows from financing activities Choice 2 of 4. determine the net cash flows from investing activities toggle button determine the net cash flows from investing activities Choice 3 of 4. calculate the net cash flows from operating activities toggle button calculate the net cash flows from operating activities Choice 4 of 4. combine operating, investing, and financing activities toggle button combine operating, investing, and financing activities
The four steps in preparing the statement of cash flows in the correct order includes:
Calculation of net cash flows from operating activities.Calculation of net cash flows from investing activitiesCalculation of net cash flows from financing activitiesCombination of operating, investing and financing activities.The cash flow statement is a financial statement that helps to summarizes the company's value cash and cash equivalents which enters and leaves the business.
The steps in preparing the statement of cash flows in order includes:
Calculation of net cash flows from operating activities.Calculation of net cash flows from investing activitiesCalculation of net cash flows from financing activitiesCombination of operating, investing and financing activities.Read more about this here
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complete the table by indicating the change in each determinant necessary to increase aggregate demand.
Aggregate demand often experience an increase and decrease due to different factors. The table showing the change in each determinant that is necessary to decrease aggregate demand.
Consumer expectations about future profitability = improveGovernment spending = IncreaseInterest rates = IncreaseThe value of the domestic currency relative to the foreign currency = Appreciate/Increase.Aggregate demand is simply known to be the sum of the consumption expenditure, government expenditure, investment expenditure, and net exports of a country.
It is often used to know the changes in income, output, and level of employment in the economy.
A decrease in aggregate demand will make Consumer expectation about future profitability Worsen while an increase in aggregate demand will make Consumer expectation about future profitability to improve.
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the vice president of finance at adventure park, an amusement park, disseminated a new five-year strategic plan to the merchandise, attractions, and operations directors. this is an example of ________ communication.
When the vice president disseminated the 5 year strategic plan to the directors. it is definitely an example of downward communication.
A downward communication refers to the flow of communication or information from top hierarchies to the lower ranks.
When a CEO pass an important message through mail to all lower hierarchies of his organization, this type of communication flow is known as downward communication.
In this question, the vice president is disseminating information to different directors below him, so, it is an example of downward communication because the information flows from high to low hierarchy.
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a fringe benefit plan where employees choose the package of benefits they want up to a certain dollar amount is called a __________ plan.
There are different types of benefit plan. A fringe benefit plan where employees choose the package of benefits they want up to a certain dollar amount is called a cafeteria-style plan.
Fringe Benefits is simply regarded as Benefits such as sick-leave pay, vacation pay, pension plans etc., that stands for an additional compensation given too an employees that is far above base wages.
A cafeteria-style plan is a plan that gives employees coverage of expenses in cases like prescription medicine through the withholding of a part of their pre-tax salary.
Employers do gain through the use of these plans as they will not pay FICA on cafeteria-style benefits plans.
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Use the word SMART goal in a sentence:
Answer:
He was the smartest kid in the class because he knew how to solve the hardest math problem on the worksheet.
Explanation:
Shelby hired Lynn, an attorney, to represent her in an employment discrimination case. Lynn is a(n) _____ who has a duty to act on behalf of Shelby. Shelby hired Lynn, an attorney, to represent her in an employment discrimination case. Lynn is a(n) _____ who has a duty to act on behalf of Shelby. principal fiduciary trustee employee third-party beneficiary
1. Which product type (coffee/ espresso/ herbal tea/ tea) yields the maximum profit in each market size(major/small)? (2 points).
________ is the only element in the marketing mix that produces revenue.
Pricing is the one and only element of the marketing that helps in revenue generation.
What is pricing?Pricing is a process, which helps in determining the true and fair value of a product or a service that is being offered for sale in the market. At such determined price, the consumers buy such goods or services.
No other element in marketing mix involves revenue generation, as only pricing can bring the inflow of cash in an organization from the buyers in the market as such.
Hence, pricing element of the marketing mix produces revenue for the firm.
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how much money was spent on black friday this year?
Answer:
a lot of money was spent this year
1. A company wants to build a new voting kiosk for sales to governments around the world. Which IoT technologies should the company choose to ensure the highest degree of security
Based on the situation described in the question, the IoT technology that the company should choose to ensure the highest degree of security is "Azure Sphere."
This is because Azure Sphere is the operating system that Microsoft designs to ensure the dealers of Internet of Things devices increase their security by incorporating a specific system on a chip.
Azure Sphere is known for its protection, high-level application functionalities, and well built-in communication and security traits for internet-connected devices.
Hence, in this case, it is concluded that the correct answer is "Azure Sphere."
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Which type of advertising focuses on promoting an organization or business as a whole rather than specific goods or services
Answer:institutional
Explanation:
a country opens to trade. if the world price of a good exceeds the domestic price, the result will be:
Based on macroeconomic theory, a country opens to trade. If the world price exceeds the domestic price, the result will be export.
This is because it is beneficial or advantageous for a country to export its goods when the world price exceeds the domestic price.
This implies that the country's export goods will be cheaper than the world price of such goods.
In turn, other countries would demand their goods because of lower prices, thereby promoting more exportation of such goods.
Hence, in this case, it is concluded that the correct answer is export.
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Company A wants to buy company B, but company B is unwilling to sell. However, company A is able to complete a hostile takeover and purchase control of company B against its will. What is the most likely explanation for why this is possible? O
A. Company B is a cooperative, meaning that it must cooperate with any offer to purchase it for a fair market price.
B. Company B is a franchise, and company A has convinced the parent company to revoke its licenses. C. Company B is a publicly traded company, so company A can buy the majority of its ownership shares.
D. Company B is an LLC, meaning that the board of directors is not liable to protect the company's interests.
Answer:
Explanation: b
Which of the following is NOT a possible tax or deduction that could be withdrawn from your paycheck?
Government often deduct tax from income of the people. The option that is not a possible tax or deduction that could be withdrawn from your paycheck is Sales tax.
A sales tax is simply known as a tax paid to body (Government/set up body)for the sales of specific goods and services.
The law gives seller the right to collect funds for the tax from the consumer at the point of purchase.
It is a tax that is placed on goods or services that is paid to a governing body directly by a consumer.
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Which of the following is NOT a possible tax or deduction that could show up on your paycheck?
Answer choices
State income tax Contributions to retirement savings FICA Sales taxLearn more from
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Answer:
sale tax
Explanation:
How to calculate percent yield.
Answer:
experimental yield divided by theoretical yield multiplied by 100
Explanation:
When a firm decides to combine multiple modes of transportation to complete a single long-distance movement of freight,
The term that explains when a firm utilize the combination of multiple modes of transportation so they can have a movement of freight is Multimodal Transport.
Multimodal Transport can be regarded as the combination of different means of transport. This is done by a firm so they can facilitate the movement of cargo.This is done when a long distance movement of freight is required.Therefore, the correct term is Multimodal Transport
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The most important labor force issue for developed economies is their _________ populations. global diverse aging all of these
an example of a non-pecuniary job characteristic is
Answer:
A comfortable work environment.
Explanation:
Natalie books an appointment at a hair salon to get a haircut, color, and a blow dry. When it is time for her appointment, she shows up at the salon and receives these services from a stylist. This scenario illustrates that services
The scenario where Natalie books an appointment and shows up at the salon to receives the services illustrates that services are usually distributed through direct marketing channels.
Direct marketing channel refers to the sales process which directly involves the seller and end buyer without the service of intermediary.
In a direct marketing channel, the service of intermediaries (such as retailers, agent, wholesalers) are not prioritize
The medium which are most perfect for direct marketing channel includes through internet, digital media etc
In the question, Natalie books an appointment with the stylist through her phone without the service of intermediaries.
Therefore, the scenario best illustrates that services are usually distributed through direct marketing channels.
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Which elements exist in the completed assignment?
Check all that apply.
O a Birthdate field
all grade 12 students with a check mark in the
Active field
a Grade field between the Student Number and Last
Name fields
O an E-mail field
a Clip Art image attached to a customer field
Answer:
a Birthdate field
a Grade field between the Student Number and Last Name fields
Explanation:
edg 2022
The balance in the accumulated depreciation account represents the:
The banking crisis of 2008 is quite interesting to analyze. The factors that led to this near banking collapse are intriguing to say the least. In this exercise you will be evaluating the factors that led up to the crisis and determining which ones could have created this scenario.
There is no simple answer to what led to the banking crisis, as there were many factors that contributed over a long period of time. Understanding the factors that led to the crisis is very important, as such an understanding will help regulators prevent similar situations in the future.
Please analyze the factors that are given to determine which ones could have potentially worked together to have created the banking crisis of 2008, and then place each factor in the category of either “Major Contributor” or “Little or No Contribution.”
Banking crisis of 2008 was due to thr global financial crisis that occure during the period
The global financial crisis was a severe worldwide economic crisis.The financial crisis was rated the most serious financial crisis since after the Great Depression that happened in the 1920s to 1930..1. Repeal of some provisions of the Glass-Steagall Act of 1933 is a Major contributor to the Banking crisis of 2008.
2. Savvy individual investors is not a Major contributor to the Banking crisis of 2008.
3. The Community Reinvestment Act (CRA) is a Major contributor to the Banking crisis of 2008.
4. Borrowers’ lack of financial knowledge is a Major contributor to the Banking crisis of 2008.
5. The Troubled Asset Relief Program (TARP) is a not a Major contributor to the Banking crisis of 2008.
6. Mortgage-backed securities (MBSs) is a Major contributor to the Banking crisis of 2008.
7. Electronic Fund Transfer System (EFTS) is not a Major contributor to the Banking crisis of 2008.
8. Looser governance of loan requirements is a Major contributor to the Banking crisis of 2008.
9. Loans with variable interest rates is a Major contributor to the Banking crisis of 2008.
10. The creation of the FDIC is a Major contributor to the Banking crisis of 2008.
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Answer:
Explanation:
quick way to get the answer your looking for took a pic of the diagram!
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The Smith family wants to relocate to a neighborhood with better schools before their three-year-old goes to kindergarten. They talked with Byron about properties he has for sale in neighborhoods they would like to live in. They also mentioned to Byron that they both work and may need someone to help with in-home care for their child. Byron gave them Taylor’s name to call about childcare. The Smiths also said they were having a hard time getting loan approval, so Byron suggested that they call Travis. Which best describes the jobs performed by Byron, Taylor, and Travis?
Byron is a Customer Service Representative, Taylor is a Child Care Worker, and Travis is a Loan Counselor.
Byron is a Real Estate Manager, Taylor is a Nanny, and Travis is a Loan Counselor.
Byron is a Real Estate Manager, Taylor is a Preschool Teacher, and Travis is a Customer Service Representative.
Byron is a Home Counselor, Taylor is a Nanny, and Travis is a Property Manager.
Answer:
option C Byron is a Real Estate Manager, Taylor is a Preschool Teacher, and Travis is a Customer Service Representative.
Explanation you can give other guy brainliest
According to the passage, Byron is the real estate manager, Taylor is the preschool teacher and Travis is a customer service representative.
What is real estate manager?Real estate manager is a person who deals with property. He sells the property act as mediator between the seller and the buyer. He also determines the rental income and act as negotiator in the lease agreement.
In the passage the Byron occupation is of real estate manager who helps in the Smith family for selling their property. The child of smith requires the childcare. Thus Taylor is the preschool teacher.
Travis is the customer service representative who is requires by the smith family to approve the loans.
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Corporations distribute profits to owners through: Group of answer choices bonds. interest. taxes. dividends.
Should a business email contain a salutation?
Answer:
A business email is meant in a professional way. It can be sought out as multiple different approaches, one of them, in this case, can include a friendly and welcoming business approach, including a salutation. All in all, it is up to the writer, there is no fully correct answer. Hope this helps :)
what is called higher level education
The auto insurance plans available from Fret-No-More Auto Insurance are outlined in the table below. To be considered "full" coverage, an insurance plan must include one level of coverage from each category. What is the annual premium for the cheapest insurance plan available from Fret-No-More that is considered full coverage?.
There are different types of car insurance. The annual premium for the cheapest insurance plan available from Fret-No-More that is considered full coverage is $473.16
Insurance is often made for vehicles. The six most used car insurance coverage options are:
Auto liability coverage Uninsured and underinsured motorist coverageComprehensive coverage, Collision coverageMedical payments coverage and Personal injury protection.These insurance are often taken based on where a person live, They can be mandatory and optional coverage types.
Auto insurance is a contract between you and the insurance company that protects you against unforeseen accident or theft.
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Answer:
A: $473.16
Explanation:
A trial balance is a listing of which balances?
Answer:
A trial balance is a list of all the general ledger accounts (both revenue and capital) contained in the ledger of a business
Explanation:
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match each label to the appropriate scenario. note that some labels may be used more than once, while other labels may not be used at all. additionally, some scenarios may apply to multiple labels, while other scenarios will only apply to one label.
Demand and supply increases in this scenario:
Gasoline: a new housing development goes up. Several new gas stations are built nearby
Demand increases and supply decreases in this scenario:
Taxis: public transit workers at a popular tourist attraction go on strike as a holiday weekend approaches
Demand and supply decreases in this scenario:
Pumpkins: an early frost destroyed much of the pumpkin crop. A newspaper reports zucchini is better for pie than pumpkin.
Demand decreases and supply increases in this scenario:
Corn: news media run stories about people with corn allergies. The corn crop is unusually large.
The factors that lead to a change in the demand of a good
Change in the price of a substitute good: if the price of a substitute good increases, the demand for the good increases and if the price of the substitute decreases, the demand for the good decreases. Reports: If a favourable report is released about a good, the demand for the good would increase. If the opposite is the case, the demand for the good would decrease. Change in weather: When winter is approaching, the demand for winter coats would increase and it would decline in summer.Factors that lead to a change in supply
A change in the number of suppliers: if the number of suppliers of a good increases, there would be an increase in supply of the good. If the number of suppliers declines, there would be a fall in supply. Natural disaster: A flood would reduce the supply of a good.Please find attached more information needed to answer this question. A similar question was answered here: https://brainly.com/question/14456267