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What might be the relationship between cost advantages and the product life cycle? Do the available advantages change over time?

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Pricing is discussed very comprehensively in this explanation.

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What might be the relationship between cost advantages and the product life cycle? Do the available advantages change over time?

The relationship between cost advantages and the PLC is that at different stages of the PLC the firm that has certain cost advantages gains competitive advantages. For example, during the introduction stage because of high advertising ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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