Assignment:
Answer the following questions regarding the Product Cycle Model.
- In the Maturing Product stage, what factors cause prices to fall? Give as many as possible.
- When is the Product Cycle model most likely to be applicable?
- Can the model be used to represent regions within a country? Why?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.