What is the influence of the product life cycle on marketing


Assignment:

Individual Assignment: Managing Hospitality Issues Simulation Summary

• Resources: Managing Hospitality Issues simulation

• Complete the Managing Hospitality Issues simulation located on the student Web page for this course.

• Prepare a 800 -word summary in which you address the situation, your recommended solutions including why, and your results for each major phase in the simulation. Summarize the different hospitality management components addressed in this simulation by answering the following questions:

o What is the relationship between differentiation and positioning of products or services? Is the repositioning of the product in the simulation as you had expected it to be? Why or why not?

o What is the influence of the product life cycle on marketing? What effect did the product life cycle have on the product in the simulation?

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Marketing Management: What is the influence of the product life cycle on marketing
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