Extension strategies are means of lengthening the life of a product to delay its decline; attempts to prolong Product Life Cycle (PLC).
Posts published in “Year: 2023”
Let’s take a look at the types of competition in three different types of markets: perfectly competitive, oligopolistic and monopolistic.
There are different stages of Product Life Cycle (PLC). Each stage is likely to have a very different investment, sales revenue, profit and cash flows.
As all products have a very specific life cycle, Product Life Cycle (PLC) is the typical process that all products go through from birth to death.
The government can reduce inflation via monetary policy, fiscal policy or exchange rate policy. These are the major counter inflation policies.
There are several different pricing strategies that can be used and these are broadly categorized into four different categories.
There are several obvious advantages and disadvantages of E-Commerce. How you would use E-Commerce to support your marketing strategies?
An insurance policy is a legal contract between an insurance company and a person insured that defines the insurance terms of the insurance coverage.
Major types of E-Commerce markets include Business to Business (B2B), Business to Consumer (B2C), Business to Government (B2G) and Consumer to Consumer (C2C).
Reinsurance is a way for insurance companies to transfer some of their risk to another insurance company, called a reinsurer.
Insurance is a valuable tool. Insurance is a way to protect yourself from financial losses caused by unexpected events.
This article defines inflation. It explains how inflation is measured. Also, it describes the pattern of inflation in the UK in recent years.
There are several different pricing strategies that can be used and these are broadly categorized into four different categories.
This article is about short-run diminishing returns. It defines the concepts of short-run and long-run in Economics and explain the differences.
Traditionally, impact of E-Commerce has been seen in every of the 4Ps in Marketing Mix. How does E-Commerce impact 4Cs of Marketing Mix?
E-Commerce influences marketing departments as every of the 4Ps in Marketing Mix for products of a business has seen the impact of E-Commerce.