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Wednesday, November 16, 2011

Opening Activity

Name a product that is in the decline stage of it's life cycle. Make recommendations for the product at this stage and give reasons for your answer.


Decline stage is eventually when the sales begin to decline as the market become saturated, the product becomes technologically obsolete, or consumer taste change. 
The VCR player is an example of a product in the decline stage of its life cycle. Because there are new, better, more efficient products are coming out and they are smaller, easier and nicer. therefore, not a lot of people still use the VCR anymore.  

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