Canesta has developed a virtual keyboard out of light to be used with cell phones and personal digital assistants.Canesta is the pioneering firm in the field and is troubled by economic concerns.Production and promotional costs are high,and profits are negative.Such poor business performance is typical of firms in the introductory stage of the product life cycle.

Question

Quizplus · Accepted Answer

The description of Canesta's situation suggests that they are in the introductory stage of the product life cycle, which typically involves high costs and negative profits as the product is still being developed and introduced to the market.

Canesta Has Developed a Virtual Keyboard Out of Light to Be