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Americana, the food company decides to develop its Tuna can (weight, price, features, package, etc

Economics

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1. Americana, the food company decides to develop its Tuna can (weight, price, features, package, etc.). List and explain briefly the stages of the new product development for the Tuna. What will happen to the tuna can sales and profits during each stage of the cycle in the figure below? (50 pts).
2. When do you think it is best for companies to obtain a new product through acquisition strategy? – (10 pts).
3. List and explain four types of store retailers and provide one example for each – (40 pts).