REGAL MARINE

Regal marine

Regal marine

Question 1)

In Regal Marine's case, the product life cycle reflects sales and earnings of a product over distinct stages of its life. Generally, most goods display an established route which types an “S” formed curve. It is significant to realize how the product contributes to earnings and sales in distinct phases (Hines, 2004).

During an introduction stage of product life cycle, there are numerous charges engaged in alignment to insert the product into the market. For demonstration, new product development cost (also termed as NPD), total cost engaged in promotional undertakings, high operational charges etc. Due to this in ...