Identify and discuss how sales and costs are affected during the five stages of the product life cycle


The five stages of the product life cycle are (1) development, (2) introduction, (3) growth, (4) maturity, and (5) decline. In the development stage, no production costs or sales exist, but R & D costs are extremely high. During the introduction stage low unit sales exist while high advertising costs are evident. The growth stage sees increasing unit sales and decreasing production costs per unit. The maturity stage witnesses peak unit sales and a stabilization of production costs per unit. During the decline stage unit sales decrease while production costs per unit increase.

Business

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The U.S. Constitution vests power in the branches of government that form a "checks and balances" system. Those branches of government include:

a. executive. b. legislative c. judicial. d. All of these.

Business

What is the amount of trust's net accounting income?

A trust document does not define income and principal. The state in which the trust is operated has adopted the Uniform Act. The trust reports the following: Dividends $2,500 Capital gain 1,500 Tax return preparation fee 200 Trustee fees, all charged to income 100

Business

Investors require a risk premium as compensation for bearing ______________.

A. unsystematic risk B. alpha risk C. residual risk D. systematic risk

Business