1. Calculate the savings for each item. Then circle the item that represents the biggest savings, in total dollars?
a. A markdown from $85.27 to $70.66
b. A markdown from $83.99 to $69.99
c. A markdown from $80 to $70
2. Calculate the percentage for each item. Then circle the item that represents the biggest percentage off a $2,000 item.
a. 50% off
b. 25% off, then another 25% off the reduced price
c. 20% off, then another 20% off the reduced price, then 20% off the twice-reduced price
3. Calculate the discounts for each item. Then circle the item that will yield the best discount on a $40 pair of pants.
a. Buy one, get 50% off the second (a BOGO offer)
b. $20 off all purchases of $50 or more
c. A markdown of $10 on the pants
4. What are the steps to take a new product to commercialization?
5. Identify and define the stages of the product life cycle.
6. Identify and define the categories of product adoption.