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Productlifecycle-MarketingresearchandManagementimplications.Consideryourclient (amedium size restaurant) isintending todevelopanewproduct to existing markets. Explain howtheresearchobjectivescan change based on productlifecycle. Basedonthesechanges torequirements,recommend researchstrategiestoexploreconsumer reactions, concerns andneeds.

  • Productlifecycle-MarketingresearchandManagementimplications.Consideryourclient (amedium size restaurant) isintending todevelopanewproduct to existing markets.
    • Explain howtheresearchobjectivescan change based on productlifecycle.
      • Basedonthesechanges torequirements,recommend researchstrategiestoexploreconsumer reactions, concerns andneeds.

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