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

Question

Business

Oneill

7 December, 19:12

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)

Know the Answer?

Josephine · Answer 1

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.

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

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