Question: Please help need by Sunday This chapter covers two very big topics - New Product Development and the Product Life Cycle (PLC). The chapters discusses

Please help need by Sunday This chapter coversPlease help need by Sunday This chapter covers

Please help need by Sunday

This chapter covers two very big topics - New Product Development and the Product Life Cycle (PLC). The chapters discusses the need for companies to always be in the process of creating new products to replace outdated ones. It also illustrates how product categories go through a beginning, middle and end. When was the last time you wrote a paper on a typewriter? For this discussion we are going to look at ITunes. 1.Can you describe the Product Life Cycle using sales and revenue numbers that you have found? 2.What were the biggest challenges faced by ITunes as it progressed through the Product Life Cycle. 3.Using what you know about the Product Life Cycle, describe the Decline phase of ITunes 4. In your opinion, was there any opportunity to extend the lifetime of ITunes? 5. What is the next iteration of how we will listen to music? Cite your sources in this answer. When answering these questions try to use the terms and definitions for Innovator, Early Adopter, Laggard, Growth, Intro, Maturity, Decline This chapter covers two very big topics - New Product Development and the Product Life Cycle (PLC). The chapters discusses the need for companies to always be in the process of creating new products to replace outdated ones. It also illustrates how product categories go through a beginning, middle and end. When was the last time you wrote a paper on a typewriter? For this discussion we are going to look at ITunes. 1.Can you describe the Product Life Cycle using sales and revenue numbers that you have found? 2.What were the biggest challenges faced by ITunes as it progressed through the Product Life Cycle. 3.Using what you know about the Product Life Cycle, describe the Decline phase of ITunes 4. In your opinion, was there any opportunity to extend the lifetime of ITunes? 5. What is the next iteration of how we will listen to music? Cite your sources in this answer. When answering these questions try to use the terms and definitions for Innovator, Early Adopter, Laggard, Growth, Intro, Maturity, Decline

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