Sara Lee Crustless bread designed for making sandwiches is a product that is in the introductory stage of its product life cycle.If management at Sara Lee is typical,its pricing strategy will depend on the elasticity of demand for the crustless bread.

Question

Quizplus · Accepted Answer

Pricing strategy in the introductory stage of a product's life cycle often depends on the elasticity of demand as management tries to establish a market position and attract customers.

Sara Lee Crustless Bread Designed for Making Sandwiches Is a Product