Select a product, either a good or service, that you consider to be in the decline phase of the Product Life Cycle. Discuss some of the options the company has for dealing with this product. What do you think is the best option, and why do you think so?

Answers

Answer 1

Answer:The product example in the declining phase is the Sony VCRs

Explanation:Decline phase is reached when sales and profits of a product fall.it is therefore characterised by rate of change to consumers tastes and rate by which new prosucts reach the market.

Company can deal with the product at a declining phase in the following ways:

1.The company can aid by reducing the promotional expenditure

2.The company can opt to reducing the number of distribution outlet that deal with sales of the products

3.The company can concentrate on the price cuts so that they can obtain customers who van purchase their products

4.The company can look upon the alternative use of the product.

Best option is maintaining the product , in a way rejuvenating it so that we ad features to it so that we can find its alternative use.


Related Questions

How can Lloyd's Register Group align the individual business strategies of the employees with the company's established standards through employee empowerment?

Answers

Answer: Lloyd can register groups, align them with individual business strategies of the employees with the company's established standards through not centralizing only to the top management.

Explanation:

Lloyd can register groups, align them with individual business strategies of the employees with the company's established standards through not centralizing only to the top management. The top managers should serve as role models to those they employed, motivating them to do well for the benefit of the firm. Also they should encourage ideas from their employees as this often tend to motivate employees to know some of their decisions or suggestions are valid

A financial adviser hosts a blog where he invites other personal finance experts to guest-blog on everything from real estate to estate taxes to tax write-offs. The variety of advice increases the site’s search engine optimization (SEO) and attracts many more potential clients for all the participating financial professionals.

Answers

Answer: build synergy

Explanation:

The scenario that occured in this situation has to do with the building of synergy.

A synergy is built in this case as the interaction with other finance experts has led to the increase in the sites search engine optimization and this ultimately brings about an increase in the number of potential clients.

PLEASE ANSWER
How do economists refer to deficits?

A) global value chain

B) negative balance of trade

C) positive balance of trade

D) comparative advantage

Answers

Global value chain

Explanation:

Match the examples of the impact of the innovation of technology to their relevant sectors.
manufacturing
communication
financial products
transportation

Answers

Answer:

1. Communication.

2. Transportation.

3. Manufacturing.

4. Financial products.

Explanation:

Technology can be defined as a branch of knowledge which typically involves the process of applying, creating and managing practical or scientific knowledge to solve problems and improve human life. Technologies are applied to many fields in the world such as medicine, information technology, cybersecurity, engineering, environmental services, manufacturing, farming, transportation, telecommunications, etc.

Basically, technology has impacted the world significantly and positively as it has helped to automate processes, increased efficiency and level of output with little or no human effort.

Some of the sectors that have been impacted greatly by technology includes;

1. Communication: electronic data transmission allows companies to re-order inventory immediately without human interaction. Through the use of interconnected network systems, companies can easily make order for products in real-time without human interaction.

2. Transportation: Delivery by drones allow companies to ship products without paying labor costs. Drones are automobile and usually do not need anyone to drive it like with other forms of transportation such as trains, ships, trucks, etc.

3. Manufacturing: New equipment allows a producer of windows to increase production by 25%. The introduction of a new equipment to a production line would significantly increase the level of output or productivity.

4. Financial products: Financial futures allow farmers to lock in prices of their crops. A financial future is a financial contract that obligates a buyer to buy a financial product or avails a seller an opportunity to sell his or her products at a specific price and future date.

Tessa is in charge of planning a marketing campaign for a new type of candy. Tessa's

company has told her that they want this candy to appeal to people who are health

conscious and interested in natural products. This is known as the

for the candy.

Answers

Answer: Candy for health conscious and love natural products

Explanation:

Endangered Species Dark Chocolate Bites is a kind of candy which has high content of cocoa and low content of sugar. It helps lower risk of heart diseases and stroke but also should be taking in moderation as excess of it won't be helpful

List any THREEshopping skill that you will follow.

Answers

1. Comparing prices
2. Negotiating major purchases
3. Evaluating competing products
4. Separating quality from quantity when clothes shopping
5. Determining want versus need
6. Learning how to just say NO
7. Identifying the right times to buy things
8. Seeing the value in used goods
9. Avoiding shopping hungry OR emotional
10. Knowing your shopping triggers and staying away from them


There are 10 shopping skills that we can follow , you can choose any 3 from these and answer your question.

A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours would the plant have to work to produce 100parts?

Answers

Answer:

The factory produces 100 parts in 50 minutes.

Explanation:

Giving the following information:

Current productibity= 100 parts/hour

Increase in productivity= 20%

This means that the factory makes 120 parts an hour or 100 parts in:

120 parts= 60 minutes

100 parts= x

x= (100*60) / 120

x= 50 minutes

The factory produces 100 parts in 50 minutes.

HELP ASAP !!!Professional certification is always optional.
False
True

Answers

star1 me give wrong If

False

What is advertisement

Answers

Answer:

Advertising is a marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service or idea. Sponsors of advertising are typically businesses wishing to promote their products or services.

Explanation:

how can we develop desicion making skill on ourselves​

Answers

Answer:

Six simple steps for better decision-making skills

Start with the desired outcome. Start with squad goals. ...Rely on data and insights to spot patterns. .Use S.W.O.T. analysis. ...Simulate the outcomes. ...Trust your instincts. ...Identify your cognitive biases

what are the advantages of being a member of World Trade Organization​

Answers

Answer:

Explanation:

Every member country of the world trade organization enjoys the following benefits;

1. They enjoy more support for the development of their local industry

2. Member countries have access to get loan and incentives.

3. There is an existence of peacefully trading among member countries.

4. World trade organization helps members to grow their economy.

5. Through the growth of the economy, unemployment is reduced.

6. World trade organization also helps to resolve disputes among member countries

Help please ! Complete the following sentence.
When a customer has an inquiry, problem, complaint, or other issue, their first point of contact with the organization
is with a ___

Answers

Answer: staff or customer care service

Explanation:

Answer:

customer service representative

Explanation:

When have you seen debt cause financial problems for adults you know? What can I do to avoid or stop these financial problems when I become are an adult?

Answers

Answer:

they are mean they like to boss you around I like to tell you what to do they're all so loud mouths

A company manufactures a product that has a design (nominal) target width of 5 inches with tolerances of + .05 inch. The process that produces the product has a mean of 4.995 inches and a standard deviation of 0.01 inch. According to the process capability ratio is the process capable of being within design specifications?

Answers

Answer:

a. The process is capable of meeting design specifications because the index is greater than 1

Explanation:

Missing word "a. the index is greater than 1.0, b. the process is not capable of meeting design specifications because the index is less than 1.0, c. the process is capable of meeting design specifications because the index is twice the process capability ratio, d. none of the above"

Process capability ratio (Cp) = (USL - LSL) / 6σ

- USL = 5+0.05= 5.05

- LSL = 5 - 0.05 = 4.95

- Standard deviation σ = 0.01

Process capability ratio (Cp) = 5.05 - 4.95 / 6*0.01

Process capability ratio (Cp) = 0.1 / 0.06

Process capability ratio (Cp) = 1.666666666666667

Process capability ratio (Cp) = 1.67

Process capability ratio Cp > 1. So, the Process is capable of meeting design specification.

What is the use of this agriculture machine?​

Answers

Answer:

Agricultural machinery is machinery used in farming or other agriculture. There are many types of such equipment, from hand tools and power tools to tractors and the countless kinds of farm implements that they tow or operate. Diverse arrays of equipment are used in both organic and nonorganic farming.

Explanation:

thanks

Answer:

Professional farmers, as well as homesteaders or hobby farmers, use farm equipment to improve the productivity and efficiency at their farm. We cannot compare the use of a hand spade to the use of a tractor, as both tools have their own importance and ensure greater productivity at farms.

The only thing a farmer needs to do to be productive is to plant, reap and sow at the right time with the right equipment and in the right season. Farming needs different farm implement to be used in the various steps in farming operations. To make a significant difference and enhance the value of the produce a farmer needs to keep their farm on a stable schedule and choose the right equipment.

Uses And Importance

Accomplishing the right farming operations using the right agricultural machinery not only saves the time for a farmer but also helps to increase the fertility and efficiency of a farm.

Advantage of using the farm equipment is that they are capable of doing the maximum in minimum time, with reducing the cost of farming operations. Even at minimum speed, these farm machines have the capability to work twice as fast as human workers.

Additionally, these machines are also being upgraded and redesigned with the upcoming technologies to make them more eco-friendly. These upgrades make sure economic and environmental savings to make them compatible to further use in the future.

Here we are going to discuss the names and functions of the farm equipment that are used more often in modern farming businesses.

MB Plough

MB plough or mould board plough, is one of the tillage implements used to prepare the soil for sowing by breaking up the soil and burring weeds or competing plants. Plough, is the foremost implement used in farming and was initially upgraded in 1838 by a man named John Deere.

With the increasing Mechanization, there are many farm equipment manufacturing industries that offer different types of Plough with various functionalities to be used as tractor implement. One of such industries is Fieldking that offer a wide range of plough, including MB plough or Mould board plough, disc plough etc.

Rotavator

A rotavator or rotary tiller is the secondary tillage equipment used for the same purpose to till and prepare the soil for planting. Used as a tractor attachment it breaks up the upper layer of the soil. Spinning blades attached to either the front or rear of a tiller prepare the soil for seeding by spinning and cutting the clods in the soil.

A rotavator is one of the most common and powerful machinery that is used by Indian farmers to tilling the farms. They are also operated for a plough furrow for seeds and to make and form planting holes for planting trees or transplanting vegetation.

Explanation:

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HELP ME PLEASE!!
what is the most important information you can use to make a decision on a loan?
A. loan APR
B. loan length
C. bank's reputation
D. bank's lobby hours

Answers

Answer:

C. bank's reputation

Explanation:

If a bank issues loans at half prime, it won't matter if their customer service is subpar.

Answer:

Don't yell at me if I get it wrong but I think it's C.

the exponential form of 6×6×6×6 is 6 the base is 4 True or False?​

Answers

false because the base is 6 and the exponent is 4

specific barriers to entry for monopolistics​

Answers

Ans: These barriers include: economies of scale that lead to natural monopoly; control of a physical resource; legal restrictions on competition; patent, trademark and copyright protection; and practices to intimidate the competition like predatory pricing.

Can anybody please provide at least 2 reasons for:
1. Why adopted children should know their biological parents' identities
2. Why adopted children shouldn't know their biological parents' identities

Thanks for anybody who helps! And please ASAP!!!!!!!!

Answers

1. Why adopted children should know their biological parents' identities

- it creates a kind of reunion among the involved parties include the children, the biological parents, and the adopted parents

- they can locate and reunate if they want to, once they have grown up

2. Why adopted children shouldn't know their biological parents' identities

- they might get hurt by trying to find the truth

- if they know that they were just adopted they can feel less of themselves even though the adopted parents love them with all their hearts

Which of the following is a characteristic of a for-profit healthcare facility?

run by government

uses public funds

focuses on services everyone can afford

owned by private citizens

Answers

Answer:

D. owned by private citizens

Explanation:

A for-profit organization can be defined as a type of organization that is created to primarily generate more revenue than its operating costs by providing lawful services to customers. By generating more revenue than operating costs, a for-profit organization is able to make profit.

Some examples of for-profit organizations are privately owned establishments such as hospitals, hotels, restaurants, supermarkets, gas stations, etc.

Hence, a characteristic of a for-profit healthcare facility is that it is owned by private citizens.

Unlike government agencies or organizations which are being run with public funds and at a subsidized rate (focuses on services everyone can afford), for-profit are mostly owned by private citizens, who are always after making profits from the business.

Answer:

D

Explanation:

edge

What does it mean for the country to have a strong or healthy economy? What does it mean for the country to have a weak economy? What are some actions that can turn a weak economy into a strong economy?

Answers

Answer:

A strong economy country is a country with wealth and has a high currency value. While the currency value is low for the weak economy country.

Explanation:

A country having a strong economy means that the country is thriving and prospering. The economic growth of a strong economy have a high rate. It means the national GDP of a country is high and there is an increase in the average income of the people.

While a country with a weak economy has a lower growth rate. The poverty and unemployment rate of the country is also high. GDP growth is minimum.

Some of the important measures that can be taken to make a strong economy is that employment, education, increase national produce and services, controlling inflation, eliminating corruption and many more.

C. ANALOGY BETWEEN CHICKEN EGG AND A CELL
Write the best word that matches the example provided.
1. EGG SHELL : ___________
2.________ : NUCLEUS
3. EGG WHITE : __________​

Answers

Answer:

1. Cell membrane.

2. Egg yolk.

3. Cytoplasm

Explanation:

Much like the egg shell, the cell membrane prevents things from entering the cell thereby protecting it the way the shell does for a chicken egg.

The egg yolk in the middle of the egg is like the nucleus in a cell which is also at the middle.

The cytoplasm of the cell is the structure between the nucleus and the cell membrane and this is very similar to the egg white which exists between the egg yolk and the egg shell.

The analogy between chivken egg and a cell is Cell membrane,Egg yolk

and cytoplasm.

The best word that matches the example provided are :

1. EGG SHELL :Cell membrane.

2. Egg yolk : NUCLEUS

3. EGG WHITE : Cytoplasm

Learn more :

https://brainly.com/question/3981415?referrer=searchResults

helpp me plz now thx

Answers

What’s the question? Am I missing something?

POSSIBLE POINTS:

A $5,000 TV ad will cause 250 people to attend a show, while a $4,000 newspaper ad will cause 280 people to attend. Bob wants to use the most

effective method to get 500 people to attend a show. Which advertising method should he use?

Answers

Answer:

Bob must use  $4,000 newspaper ads in two numbers

Explanation:

As given in the question -

Total number of people affected by $5,000 TV ad [tex]= 250[/tex]

Total number of people affected by  two $5,000 TV ad [tex]= 2* 250 = 500[/tex]

Total number of people affected by $5,000 TV ad [tex]= 280[/tex]

Total number of people affected by two $5,000 TV ad [tex]= 2* 280 = 560[/tex]

Hence, more number of people are affected by two news paper adds of $4,000

Red Corp. has a unit Contribution Margin of $6, Variable Expenses of $2 per unit, and Fixed Expenses of $3,000. What is Red Corp.'s break even point? A. 500 units B. 50 units C. 1,500 units D. 750 units

Answers

Answer:

A. 500 units

Explanation:

The computation of the break even point is given below:

Break even point is

= Fixed cost ÷ Contribution margin

= $3,000 ÷ $6

= 500 units

By dividing the fixed cost from the contribution margin we can get the break even point in units

Hence, the correct option is A.

If there is a decrease in the price of the coffee beans used to make brewed coffee, how will this affect the equilibrium price and quantity of brewed coffee?

Answers

Answer:

equilibrium price would fall and equilibrium quantity would rise

Explanation:

A decrease in the input needed in the production of brewed coffee would make it cheaper to produced coffee. This would lead to an increase in the supply of coffee.

As a result there would be a rightward shift of the demand curve and equilibrium price would fall and equilibrium quantity would rise


1. Which of the following is likely to happen when a new business opens in a community?

Answers

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How much can the Ball family expect to pay, per year, to raise the child from birth to 18 years of age?

Answers

Answer:

14,344 is the correct ammont that they earn.

What change could be considered an effective sign of economic recovery from the Great Recession?

employment level in architectural and engineering services at 18,000 jobs
unemployment levels at 8 percent
architecture and construction industry demonstrating a sustainable level of growth
the gross domestic product (GDP) growing at .5 percent

Answers

Answer:

The answer is C. architecture and construction industry demonstrating a sustainable level of growth

How does having a list help save money at the grocery store? What other strategies can you use to save money at the grocery store?

Answers

A list helps you while at the grocery store so you can know what you need and hopefully you don’t buy anything that’s not on the list.

Other strategies to help you save money would be...
1.Coupons
2.Sales
3.Going for cheaper brands
4.Only buying what you need
5.And more!
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