Product Life Cycle
The Marketing Mix
The Business Cycle
100

What is the first stage of the product life cycle?

Creation and Development - making and producing prototypes of your product. 

100

What one of the four P's depends on the demand of the product 

Price

100

At what stage/stages does business Output Increase? 

Recovery / Upturn

200

What is the second stage of the product life cycle?

Introduction - rollout of your product

200

What one of the four P's is used to get your product well-known?

Promotion

200

At what stage is confidence the highest 

Boom

300

What is the third stage of the product life cycle?

growth - your product gets its first sales, could be semi popular. 

300

What one of the four P's is to figure out where your product is most sought after?

Place

300

At what stage does the inflation of your business fall slightly?

Recession / Downturn

400

What is the fourth stage of the product life cycle?

Maturity - your product has been in the market for a while.

400

You need selling points for this one of the four P's

Product 

400

In what stage is unemployment at its highest?

Slump / Depression 

500

What is the fifth stage of the product life cycle? 

Decline - Your product is obsolete or just not at its prime anymore, sales are going down. 

500

What are all of the four P's

Promotion, Place, Price, Product 

500

Name the worst stage for your business to be in.

Slump

M
e
n
u