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11. Agree or disagree. Correct wrong statements.

1. In the growth stage, sales rise gradually as the product becomes well-known.

2. At the beginning of maturity stage sales are still increasing, but the rate of increase has slowed.

3. In the introduction stage, customer awareness and acceptance of the product are high. Sales rise gradually.

4. During the decline stage, sales volume decreases sharply, profits continue to fall.

5. A firm must be able to launch, modify and delete products in response to changes in product life cycle.

6. Life cycle stages will vary in length depending on competition.

7. Not all the products have four stages.

8. There are relatively few competitors in the introduction stage.

9. A new product is always a success.

10. In the growth stage profits are not so high as competition is high.

11. Sales are increasing in the maturity stage but the rate of increase has slowed.

12. During the decline stage profits continue to rise.

13. The company may eliminate less profitable versions of product or may decide to drop the product entirely.

14. For small producers the product life cycle is of no use.

12. Arrange the sentences according to the text.

1. The firm must stabilize and strengthen the product’s position in the growth stage.

2. Marketers should know the life-cycle stage of each product to make decisions about the marketing strategy for a product.

3. The PLC consists of four stages: introduction, growth, maturity and decline.

4. In the decline stage the firm may use advertising and sales incentives to slow the product decline.

5. The length of each stage is different depending on the product.

6. The market share in the maturity stage is strengthened by redesigned packaging or style changes and flexible pricing strategies.

7. In the introductory stage the marketing goal is to make potential customers aware of the product’s existence, its features, benefits and uses.

8. The product, its price, distribution channels and promotion efforts must be adjusted quickly to maintain sales growth.

13. Formulate the theme of each paragraph and make up a plan of the text.

14. Say what you have learnt about product life cycle.

15. Imagine some product you want to market. Determine its life cycle in a certain market. Make up a report about your product and its life cycle.

16. Summarize the information of texts A, B, C, D and E and speak on planning the marketing process and product development.

17. Translate into English:

1. Товары, также как люди, рождаются, живут и умирают.

2. Каждый товар проходит жизненный цикл товара (ЖЦТ), состоящий из стадии выхода в рынок (внедрение), роста, зрелости и спада.

3. На стадии выхода в рынок потребитель плохо знает товар и его свойства.

4. Цена иногда высока, и покупателями являются в основном люди, желающие быть «первыми» в приобретении нового продукта.

5. На стадии выхода в рынок сам продукт, перво­начальная цена, каналы распределения и усилия по стимулированию сбыта должны быть хорошо скоорди­нированы, чтобы поддержать рост сбыта (sales growth).

6. В стадии роста продажи быстро растут, поскольку продукт (товар) становится хорошо известен.

7. В стадии роста прибыль достигает высшей точки и начинает падать.

8. В начале стадии зрелости объем продаж (sales volume) все еще увеличивается, но скорость уве­личения снижается.

9. Прибыль понижается на протяжении всей стадии зрелости.

10. На стадии спада объем продаж (сбыта) резко сокращается.

12. Чтобы вести бизнес успешно производители должны знать жизненный цикл каждого продукта.

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