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please keep answers as short as possible thank you Question 40 12 pts The diffusion of Innovation and product life cycle are two of the
please keep answers as short as possible thank you
Question 40 12 pts The diffusion of Innovation and product life cycle are two of the most important concepts that we learned since the first midterm. In relation to these two concepts (and curves), in your own words (I don't want definition from the book or the internet) answer the following questions: a) How each section of the two curves are connected/related to each other? (3 points) b) What are the implications in terms of increasing/decreasing sales or profit from the product life cycle curve and how do they relate with the different sections of the diffusion of innovation curve? Hint: In some section profit is increasing at a increasing rate, in others it is.... (6 points) d) Do you think an expansion pack for a game OR a new significant software update for a PC will affect the product life cycle curve and how? Mainly in which phase do you think it will be most effective? (3 points) Edit View Insert Format Tools Table 12pt Paragraph BIU A N Tv Step by Step Solution
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