Increased competition leads to price decrease, increasing public awareness, sales volume increase significantly are the characteristics of ______________ in PLC.

Related MCQs

• To maximize market share, a firm may use _____________ pricing, which is based on the theory that as sales volume increases, unit costs will decrease.
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• In PLC stages, the stage in which sales and profits declines is called
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• Method of managing advertising budget at a certain percentage of sales price per unit or forecasted sales of products is classified as
• Setting price on the basis of the competition for the product is known as……….
• Setting price on the basis of the competition for the product is known as……….
• Setting a price below that of the competition is called.
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