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Define and discuss the stages of the product life cycle

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Reference no: EM132512456

Question 1: List define and discuss the stages of the product life cycle and what goes on in each stage of the process. Be sure to include the three reasons products fail and the profit and sales volume in each stage.

Stages are:

1- introduction

2-Growth

3-Maturity

4-Decline

Reference no: EM132512456

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