princible of marketing

Chapter 9 :- new- product development and product life cycle strategies

Homework Assignment Chapter 9/5 points - Please answer the following question and provide a typed report then submit to e- learning. - Turn it in report should be less than 15%. - Double-space. 1- Explain how companies find and develop new product ideas? 2- Describe the stages of the product life cycle and how marketing strategies change during a product's life cycle. 3- What options are open to a business when their product or service reaches the decline stage? Explain