0
As there are many stages of a product life cycle the production varies greatly. During the introduction stage production is low as the demand for the product is low and the producer does not want to be left with surplus as demand might alter. In growth the production rapidly increases as more is being demanded. the laws of demand cause supply to increase in order for the producer to maximize profits. In the Maturity stage the production levels off and does not increase much as the demand has reached its peak and no more is being demanded. This is due to the product becoming obsolete or unfashionable. In the Decline stage, the production decreases as less is being demanded therefore the producer will make less of the product as they do not want to be left with surplus as demand is now negative.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What is the product life cycle stage for nike mercurial vapors?
in what stage of nike life cycle is this product ?
Why does the marketing mix change as the product moves through its life cycle?
Because the product life cycle is fixed at 20 years.
At what point in the product life cycle is informational advertising useful?
Thus, informational advertising is used early in the product life cycle.
How does the concept of product life cycle apply to Regal Marine products?
How does the concept of product life cycle apply to Regal Marine products?
What is nestle's product life cycle?
maturity
Product life cycle of dove?
Product life cycle of dove?
What are the factors that shorten the product life cycle?
factors affecting product life cycle
How does product life cycle effect the production?
As there are many stages of a product life cycle the production varies greatly. During the introduction stage production is low as the demand for the product is low and the producer does not want to be left with surplus as demand might alter. In growth the production rapidly increases as more is being demanded. the laws of demand cause supply to increase in order for the producer to maximize profits. In the Maturity stage the production levels off and does not increase much as the demand has reached its peak and no more is being demanded. This is due to the product becoming obsolete or unfashionable. In the Decline stage, the production decreases as less is being demanded therefore the producer will make less of the product as they do not want to be left with surplus as demand is now negative.
What was Cadburys dairy milk product life cycle?
It's in the maturity stage of the product life cycle
What is the product life cycle stage for nike mercurial vapors?
in what stage of nike life cycle is this product ?
How does a project life cycle differ from a product life cycle?
The product life cycle represents the amount of revenue a product generates over time, from its inception to the point where it is discontinued. A project life cycle measures the work that goes into a project from beginning to end. The phases in product life cycle are initiation, planning, execution, and closure.
What is the product life cycl life cycle of pepsodent?
life cycle of pepsodent paste ..
What has the author Berit Mattsson written?
Berit Mattsson has written: 'Environmental life cycle assessment (LCA) of agricultural food production' -- subject(s): Environmental aspects, Environmental aspects of Food industry and trade, Environmental aspects of Food supply, Environmental aspects of Product life cycle, Food industry and trade, Food supply, Product life cycle
Does the life cycle of all plants include the production of seeds?
Seeds are a part of the life cycle.
What is product life cycle?
maturity
What is the product life cycle of pepsodent tooth paste?
life cycle of pepsodent paste ..
Why does the marketing mix change as the product moves through its life cycle?
Because the product life cycle is fixed at 20 years.
