How can the position of a product in its life cycle be located?
What will be an ideal response?
The easiest way to locate a product in its life cycle is to study its past performance, competitive history, and current position and to match this information with the characteristics of a particular stage of the life cycle. Analysis of past performance will include the history of sales growth progression since introduction, the study of whether any design or technical problems needed to be sorted out, sales and profit of allied products, the number of years that the product has been on the market, and the casualty history of similar products in the past. Additionally, one must look to see whether sales are on an upswing or a downswing and whether any competitive products are moving to replace the product under consideration. These considerations must be related to each stage of the life cycle.
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A farmer's cooperative in California is sponsoring TV ads aimed at getting Americans to eat more garlic. The ads don't mention any brand names. This is an example of ________ advertising.
A. indirect competitive B. competitive C. reminder D. pioneering E. comparative
Morris Pickel is a geologist he has added a device to an existing thermal measuring instrument. Because of the sensitivity of the device, it picks up data not previously recorded
A computer program built into the device then analyzes the data, allowing scientists to predict the timing of volcanoes. Can Morris obtain a patent for this device? A) No. Computer programs cannot be patented in Canada. B) No. Morris's invention, while useful and ingenious, is not new. C) Yes. The device as a whole, including the computer program, can be patented. D) No. The computer program is not integral to the device. E) No, but he can register the computer chip under the Integrated Circuit Topography Act.
Convert 14/25 to a decimal
a.0.16 b.0.26 c.0.36 d.0.56
Describe the effects and benefits of compound interest
What will be an ideal response?