Answer and Explanation:
The product life cycle stages of a product shows the growth of the product from its introducing level to further pathway. In the first stage of product life cycle the product is just launched and sales is less because people are not aware of the product. In the second stage, sales increasing due to the advertisement and the absence of competitors. In the third stage, sales of the product is increasing at a diminishing rate because of the increase of competitors. And in the final stage, the sales of the product decline due to the stiff competition.
Here am taking the product life cycle stages of Nokia and Maggi noodles.
Nokia enters the first stage of product cycle when the Nokia phone is introduced in the economy in 1995 to 2002. The second stage i.e. growth stage is from 2003 to 2009. The maturity stage is from 2009 to 2011. After 2011 it faces decline stage. In the introduction stage Nokia launched the model with capable of sending an receiving messages. And in the second stage they launched phones without external antenna and also had better features of games, alarm,displays etc. And in the third stage, launched a lot of touch screen models but that not compete with the new brands. A good will company faces decline stage only because of the wrong decisions such as when all other mobile companies move and the popularity of android increases, Nokia and its windows phone failed to attract consumers.
While considered the product life cycle stages of Maggi noodles. In the introductory stage, high failure rates with the lowest acceptance from the consumers. In the growth stage, they offered more sizes,flavors and options. In 2003, they reaches the maturity stage. Then it faces long run drop in sales. The lack of essential nutrients and the increase in prices and the mismatch of their flavors with Indian taste are the main drawbacks made by the Nestle company in the case of Maggi noodles.
Suggestions;
The companies must increase the market penetration strategies by increasing the advertising strategies. They also conducted marketing survey before launching a new product.Attractive advertisements attract consumers. Innovations of new products with different flavors also increase the growth of the product. Above all, there should be make changes in the features of products with the changing environment of the economy.
Answer:
Assets = Liabilities + Stockholder's
Equity
(a) cash = $3,940 Notes payable = $3,940
(short term)
(b) cash = $4,630 Common
stock =$4,630
(c) Equipment = $1000 Notes payable = $800
Cash = (-$200) (short term)
(d) Supplies = $300
Cash = (-$300)
(e) Supplies = $700 Accounts receivable = $700
Answer:
The correct answer is c. basic research.
Explanation:
Basic research or fundamental research, is the science or research that is carried out without immediate practical purposes, but in order to increase knowledge of the fundamental principles of nature or of reality itself.
By not throwing immediate benefits (economic or social), it could be seen as a simple exercise of curiosity (which is actually a basic human quality and one of the essential reasons for the scientific activity of all time). However, in a longer or shorter period the results of basic research find practical applications, in the form of commercial developments, new techniques or procedures in production or communications, or other forms of social benefit and knowledge.
The relationship between basic science and applied science (which is its opposite concept) is crucial for the interrelationship called "research and development" (R&D) or "research, development and innovation" (R&D), object of the studies of science, technology and society (STS).
Rent expense, land purchased, utility, salary expense, accounts payable, dividend, salaries, insurance---that is your expense for the year. Look at your income is Retained earning, accounts receivable, service revenue, common stock. Add all the expense and subtract from earning that will be your net income.
Answer:
Economic profit= $25,000
Explanation:
Giving the following information:
Last year he earned $200,000 in total revenues and paid $125,000 to his employees and suppliers.
Job offer= $50,000 per year
The economic profit takes into account the opportunity cost of other options.
Economic profit= 200,000 - 125,000 - 50,000
Economic profit= $25,000
