1. Which stage of the product life cycle would you place smart phones in, and why would you so place them?
2.Which stage of the product life cycle would you place DVD players in and why would you so place them?
3. if you were starting a small business, which promotional budget strategy would you choose discussed in Entrepreneurship?
4.Dave makes bootleg t-shirts to sell on the sidewalk after concerts. The shirts cost him $4.00 a piece.He silk screens the name of the musical group on the fron and back of the shirt at a material cost of 50 cents a shirt.He produces 100 shirts per concert, and sell the shirts for $10.00 a piece. What is his breakeven point? Show your calculation.
5. Why does customer complaints are valuable describes in Entrepreneurship?