How can the three levels of the product be differentiated from one another? Give examples of each level of product.

Q: What is a product mix? Name and describe the four important dimensions of a product mix.

A: A product mix can be referred to as the complete set or mix of products or services offered by a…

Q: Discuss the different product objectives and strategies a firm may choose.

A: A product strategy outlines a company's strategic vision for its product offerings by stating where…

Q: What are the important issues in deciding on the product line?

A: Every company will try to create value for its customers in terms of products and services. It will…

Q: Briefly explain what happens at each of the five (5) stages in the product life cycle.

A: These days the products and services are being offered by various organizations. The concept is very…

Q: Explain why product extension and refinement are important.

A: Product extension is the strategy of introducing new items in the same product category under the…

Q: Cycle

A: Talking about the product life cycle then, it is the life cycle through the which each of the…

Q: define the stages of the product life cycle.Do all products follow this pattern? Explain.

A: A product is an item that is manufactured by the company for the purpose of selling and earning…

Q: Explain how product life-cycle strategies are summarised?

A: The product life cycle has four stages.  1.Introduction stage 2.Growth stage 3.Maturity stage…

Q: Discuss how the profitability of your product will change as it moves through each of the phases of…

A: Profit is the amount of revenue left over after all expenses, debts, and other costs have been…

Q: Which Stage of the Product Lifecycle Would You Describe?

A: The term product life cycle refers to the length of time a product is introduced to consumers into…

Q: what are the possible product strategy for small coffee and snack shops?

A: A product is an offering sold by a company to fulfil consumer needs and earn profit. It is tangible…

Q: . How does an organization’s product mix relate to itsdevelopment of a product line? When should an…

A: A product mix refers to the quantity of a single product or service, that firm can offer and also;…

Q: Use Coca Cola's products to explain the different phases of the product life cycle.

A: Product life cycle is an important concept to identify the stage of the lifecycle of any product. It…

Q: Explain the three levels of product?

A: А  рrоduсt  meаns  sоmething  thаt  hаs  vаlue.  It  is  mаde  аvаilаble  tо  the  сustоmers  in…

Q: Why do business think of line extensions or product withdrawals and do not go in for modernization…

A: The act of introducing a new product in the existing product line is called as "product line…

Q: . Discuss various stages in the product life cycle

A: A product life cycle is that the cycle that a product goes through, from development to say no.It's…

Q: When to use the product life cycle?

A: The progression of stages that a product goes through throughout the course of its lifespan,…

Q: Describe four product types and purchasing practices with an example of each product type.

A: Consumer goods are those goods that are bought by the final consumers for their ultimate…

Q: Which are the Stages in the Product Life Cycle?

A: Product life cycle: The span of the product life cycle differs for distinct products, one stage can…

Q: Explain the difference between a product line and a product mix and provide examples to illustrate…

A: Product is outlined as something that's offered to the public for purchase by the corporate. There…

Q: Discuss all stages in Product Life Cycle and provide a real example of each stage.

A: Product Life Cycle (PLC): This concept was given by economist Raymond Vernon in 1966. The basic idea…

Q: How Would You Describe Each Stage of the Product Lifecycle?

A: Introduction: Product life cycle is the total time that a product spent from getting introduced in…

Q: what a product needs advertisment. Is this true of all products? Discuss.

A: In my opinion all products need to be advertised in today's time. The main reason for it is-

Q: an

A: Giving you an example of the 3D television that are there in the market from few decades but it is…

Q: In what stage of the product life cycleis the pet hospitality industry? In what stage of the product…

A: Product life cycle is the major concept of marketing that tend to identify life cycle of the product…

Q: How does an organization’s product mix relate to its development of a product line? When should an…

A: The product mix and product line of the organization are closely related to each other. Many…

Q: What words would you use to describe each stage of the product lifecycle?

A: A product passes through various stages in it's life cycle since it's inception based on the market…

Q: Discuss how a company can maintain success for products in the mature stage of the product life…

A: Product Life cycle explains how a product would enter and leave the market during its life span. It…

Q: your own product using the Five (5) Product Levels by Kotler.

A: ​Five Levels of Product are 1. Core Benefit: the need or need that individuals need to fulfil by…

Q: What are the advantages of product mix?

A: A product is an item that a company makes or buys to meet the needs of its customers. It is the…

Q: What are the four stages of the product life-cycle? How can a firm determine which stage a…

A: The product life cycle can be referred to as a process that a product goes through from o its…

Q: What is the difference between product depth and product breadth?

A: A product is an item or commodity that is sold to the customers to fulfil their expectations and…

Q: What stage of the product life cycle best applies to Day2Night’s shoe line?

A: The process of evaluating a product from being first introduced in the market to the removal of the…

Q: how are products managed during the different stagesof the product life cycle?

A: The product life cycle refers to the period a product stays in the market. It defines the different…

Q: Name the two general categories in which products can be grouped?

A: Product: A product is considered as a tangible good, but it can also be an intangible in terms of…

Q: Among the different approach in branding, what is the most significant to be applied on…

A: The branding for any product is considered to be the most essential factor in the success of the…

Q: Name and describe the four product/market expansion grid strategies?

A: The Product or Market Expansion Grid is a strategy which is used by the companies to evaluate their…

Q: Name and describe the four important dimensions of a product mix.

A: A product is an item or commodity that a company sells to its customers to earn profits as well as…

Q: what are the strategies of the product life cycle?

A: The product life cycle consists of four different stages i.e. Introduction, Growth, Maturity and…

Q: Why do products have to be deleted from a product mix?

A: Product Mix refers to the total number of product lines that a company offers to its customers. In…