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- How can Nestle can maintain their company on top in providing healthy products considering there are other competitors offering the same products at a cheaper price?Select a product you are familiar with. Based on your knowledge of the product life cycle, what types of changes will occur to your selected product as it continues through the product life cycle? How will this affect the marketing of your selected product?What is the importance of legitimacy and efficiency of a product in a business?
- What can be a particular product (goods or service) that can be offered in the market that can eventually gain customers' loyalty?Identify a business What is the product? What action is the business taking or planning to take? Does this action make the business/product truly sustainable?Select a product you are familiar with. Do research about that product. Based on your knowledge of the product life cycle, what types of changes will occur to your selected product as it continues through the product life cycle? How will this affect the marketing of your selected product?