For today's assignment you will choose four different electronicdevices and four different consumer products (other thanelectronics) of your choice and answer the following for each:
1) The year it was introduced and its initial or introductoryprice
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 newerversion?
5) In your opinion (if it has not happened yet) will be itsdeath price and how long (months or years) will it have been in themarket?
6) List one improvement that you would make for each item.
7) Finally, draw a product life-cycle graph and place each itemon it showing where it is at currently.
