Question

Product Life Cycle Match the appropriate product strategy with the stage of the product we cycle Add supplemental product offerings to the product line or mix to aid in product differentiation Eliminate unprofitable models or brands. Introduce new models with new features Introduce limited models with limited features. Focus on persuading Innovators and Early Adopters to try the new product Match each of the options above to the items below. Introduction Stage Growth Stage Maturity Stage Decline Stage

Answer 1

Answer In the product life cycle stage :

• Introduction stage : New product has been introduced. Option 4 . It means introduce new models with new features so that help the customer in satisfaction of the need of customer.
• Growth stage : In the growth stage more Option about product line has been added. Add supplemental product offerings to the product line or mix and add product differentiation in the market.Option 1 is correct.
• Maturity stage : In the maturity stage, introduce limited models with limited features. Option 2 is correct. At maturity stage product is well developed and provide early adopters to used the product in systematic manner.
• Decline stage : In the decline stage , Option 3 is correct. At this stage eliminate unprofitable modes or brands from the market.