As 3D Printers Enter the Growth Stage of the Product

question 75

Multiple Choice

As 3D printers enter the growth stage of the product life cycle, which of the following marketing strategies should producers of 3D printers adopt?

• A) offer new features and styles and target competitors in advertisements
• B) promote heavily and target early adopters
• C) build brand by advertising, dropping prices, and increasing distribution
• D) reduce marketing and increase prices to increase profits

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Definitions:

Learning Management System

A software application or web-based technology used to plan, implement, and assess a specific learning process, typically used in educational and corporate settings.

Training and Development System

An integrated set of policies, practices, and procedures designed to systematically improve the competencies and capabilities of an organization's workforce.

Human Resource System

A set of distinct but interrelated activities, functions, and processes that are directed at attracting, developing, and maintaining an organization’s workforce.

Classroom Instruction

A traditional method of teaching, where an instructor delivers a course to students in a classroom setting.