For today's assignment you will choose four different electronic devices and four different consumer products (other...

For today's assignment you will choose four different electronic devices and four different consumer products (other than electronics) of your choice and answer the following for each:

1) The year it was introduced and its initial or introductory price

2) What is the price now?

3) Where is it located in the product life-cycle? (what period, your opinion)

4) Is it being replaced (discontinued or discounted) by a newer version?

5) In your opinion (if it has not happened yet) will be its death price and how long (months or years) will it have been in the market?

6) List one improvement that you would make for each item.

7) Finally, draw a product life-cycle graph and place each item on it showing where it is at currently.

Expert Solution

Colby Messinger answered 2 years ago

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For today's assignment you will choose four different electronic devices and four different consumer products (other...

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