Homework: Stages of Product Life Cycle
Length: 2 to 3 pages.
For this homework, choose from any two categories products that are at different product life cycle stages. Identify the product life cycle stages for your selected products and provide explanations for why you believe they are at these stages. Then, provide answers to these two questions:
o Examine the product life cycles for your chosen two products relative to how it affects the company's marketing strategies
o How would your suggestion be different for the two companies' brand managers about making decisions on price, advertising, and distribution channels?
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.