Question

At the introductory stage of PLC, a business firm resorts to creating
(brand awareness, brand value, brand history)​

Answer 1

Answer:

the excerpt prove that the company has also worked with him and his family

Explanation:

Rahulkumar

Answer 2

Answer:

The answer is brand awareness.

Explanation:

• A product life cycle exists the amount of time a product moves from being introduced into the market until it's taken off the shelves.
• There are four phases in a product's life cycle—introduction, growth, maturity, and decline.
• The concept of product life cycle helps inform business decision-making, from pricing and advertising to development or cost-cutting.
• Newer, more flourishing products push older ones out of the market.
• The introduction stage is the first stage in the product life cycle where a company attempts to build awareness about the product or service in a market where there is minor or no competition. Once the company makes adequate advertising about the product either by promotion or through branding, it can look at other factors such as pricing, as well as distribution. Pricing a product in the introduction phase is very important to gain market share.
• Therefore, At the preliminary stage of PLC, a business firm resorts to making brand awareness.

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