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The advantages of the product life cycle concept is that it provides a basic structure that allows you to see where you are, and what lies ahead.

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What are advantages and disadvantages of product marketing?

Advantages: None Disadvantages: A few


Advantages and disadvantages of paying by lay-by?

advantages: you get the product you want you can get the product at a sale price you can pay off the product by depositing small amounts until you have paid off the total amount no interest fees apply Disadvantages: you may not be able to pay off the product you have put on lay-by


What are the advantages and disadvantages of lay-by?

If you don't pay off a product in a limited time you lose the deposit on the product and you might also lose some money depending on the company you are at.


What is the difference between target costing and kaizen costing?

In target costing the costs is determined by finding out how much the customers are willing to pay for the service or product. The selling price is adjusted for the profit which determines the cost at which the product or service should be produced. When the target cost is less that the actual costs then decisions needs to be made to reduce the costs. For example the remove non value adding features to the product or service. Kaizen costing involves the continuous addition of small costs to the product or service until it meets its desired level for the customer. Target costing can said to be retrospective costing whilst kaizen is prospective costing.


What are the advantages and disadvantages of a product structure organization?

A product structure organization offers several advantages, including clear accountability for product lines, enhanced focus on specific products, and improved coordination across functions such as marketing, development, and sales. However, disadvantages may include potential duplication of resources across product lines, challenges in sharing expertise and best practices, and the risk of siloed thinking that can hinder overall organizational cohesion. Additionally, it can lead to increased complexity in management as multiple product managers need to be aligned with corporate strategy.

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What are advantages and disadvantages of product marketing?

Advantages: None Disadvantages: A few


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What are advantages and disadvantages of product endorsement?

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Why do you need product costing system?

needs of product costing system


Advantages and disadvantages of paying by lay-by?

advantages: you get the product you want you can get the product at a sale price you can pay off the product by depositing small amounts until you have paid off the total amount no interest fees apply Disadvantages: you may not be able to pay off the product you have put on lay-by


List down some advantages and disadvantages of modern technologies or product?

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What are the advantages and disadvantages of family brand?

Disadvantages are that advertising will be more expensive as each product has its own brand and product may not start of that well as it's brand has never been heard of


Advantages and disadvantages of advertisements on children?

children will get easily influenced by the advertisement & will disturb their parents for the product


Advantages and disadvantages if power loom?

It is a fast machine and will make more of the product in less time.


What are advantages and disadvantages of coca cola company's strategies in Brasil?

There are many advantages and disadvantages of Coca Cola company's strategies in Brazil. One advantage is that Coca Cola is selling their product well.


What are the advantages and disadvantages of product structure?

Some of the advantages and disadvantages of product structure are that product structure enables companies to remain flexible in the business environment. Businesses are able to remove or expand specific structures as necessary, but it can prevent companies from achieving broad based goals as each structured unit is operated on its own.


When is a job order costing system more appropriate than a process costing system?

Job order costing is more appropriate than process costing when the product being produced is a custom product