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What are the phases of the sales life cycle

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Reference no: EM13877223

1. Explain the two methods for reducing total product costs to achieve a desired target cost. Which is more common in the consumer electronics industries? In the specialized equipment manufacturing industries?

2. What does the term sales life cycle mean? What are the phases of the sales life cycle? How does it differ from the cost life cycle?

3. Do pricing strategies change over the different phases of the sales life cycle? Explain how.

4. Do cost management practices change over the product's sales life cycle? Explain how.

Reference no: EM13877223

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