introduction stage in a product life cycle is not very risky.justify either or against
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Introduction stage in a product life cycle is very risky because a high percentage of new product fails during this period. Reasons for product failure are high cost, low sales volume, limited distribution and high prices. ... Therefore, according to me introduction stage in a product life cycle is very risky.
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Answer:
Introduction stage in a product life cycle is very risky because a high percentage of new product fails during this period. Reasons for product failure are high cost, low sales volume, limited distribution and high prices. ... Therefore, according to me introduction stage in a product life cycle is very risky.09-Aug-2021
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