Question

Jared also gathered data from a competing real estate broker's office. The competitor sales were equal to the number of sales 8 months before

Answer 1

Answer:

Step-by-step explanation:

Answer 2

We are provided with information that Jared gathered data from the real estate broker's office and we are asked to comment on them. The understanding of the data will be as under:

• There are four stages under which a product advances.
• They are starting, growing, maturing, and declining.
• It is during the starting and maturity stages that most of the hard work requires to be done.
• This is because while the product is introduced in a market the market should be ready to accept the product.
• This is the same as the maturity stage also as if no new changes are done in the product it may come to a standstill and then the product may start declining.
• Even in the question, the sales have been stable for the past 8 months without any increase so it is time that so innovations should be done so that the customer may be induced to shift to our product.

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