Ask Question
BusinessBusiness
7 February, 06:22

At what stage of the PLC do marketers increase product promotion to cope with increasing competition?

+2
Answers (1)
  1. 7 February, 08:12
    0
    introduction stage of PLC

    Explanation:

    PLC denotes the product life cycle.

    PLC includes the stages: introduction, growth, maturity, decline

    Marketers increase product promotion to cope with increasing competition at the time of the introduction stage to create customer awareness and to stimulate primary demand. At this stage, large investment costs result in the development of the product.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “At what stage of the PLC do marketers increase product promotion to cope with increasing competition? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A registered representative opens a new account for a customer by telephone and receives an order to sell 300 shares of ABC at the market.
Answers (1)
Randal Corporation recorded the following activity for the year just ended: Proceeds from sale of property $300,000 Cash received from customers $120,000 Issuance of common stock $180,000 Issuance of bonds payable $500,000 Dividends paid to
Answers (1)
A financial institution always keeps all of your money in the vault. true false
Answers (1)
Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to five separate activity pools.
Answers (1)
Transactions for Jayne Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,000 cash. 2 Buys equipment on account for $1,100. 3 Pays $740 to landlord for June rent.
Answers (1)
New Questions in Business
Preferred Stock, 7%, $115 par $1,170,000 Common Stock, $1.50 par 300,000 Paid in capital in excess of par, common stock 1,200,000 Retained earnings 2.500.
Answers (1)
On January 1, 2013, M. Johanson Company purchased equipment for $36,000. The company is depreciating the equipment at the rate of $500 per month. The book value of the equipment at December 31, 2013 is:A) $0. B) $6,000. C) $30,000. D) $36,000.
Answers (1)
Department B had a beginning inventory of 2,400 units, 25% completed; an ending inventory of 2,700 units, 2/3 completed, and received 4,900 units during the period from Department A.
Answers (1)
Suppose two paper plants dump industrial waste into a river. The EPA decides pollution concentration is too high at a receptor site down river from the paper plants.
Answers (1)
What is an ineffective practice with regard to building trust within your department?
Answers (1)
Home » Business » At what stage of the PLC do marketers increase product promotion to cope with increasing competition?
Sign Up Forgot Password?