product life cycle Flashcards

1
Q

how does a product portfolio help?

A

what products to launch and when
when to withdraw a product
what products are doing well or badly now and in the future
how to increase sales

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2
Q

cash flow during the introduction stage

A

negative

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3
Q

cash flow in the growth phase

A

positive

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4
Q

cash flow in maturity and decline phase

A

positive. at decline will most likely have cash flow issues`

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5
Q

star

A

(top left) very successful but growth has to be funded to keep up with demand and cash flow may be a problem

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6
Q

cash cow

A

(bottom left) little growth, but an established and profitable product that can support others.

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7
Q

question

A

(top right) presents a problem -should the business invest to increase sales

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8
Q

dog (bottom right)

A

few prospects, but should the business continue to sell if it is profitable and it funds other products?

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