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Write a 700- to 1050-word paper that defines the similarities and differences of the purchasing strategy you will use at each stage of the Product Life Cycle of your company's specific product.
Identify a company or industry that you are either familiar with or one that you would like to become more familiar with. As a purchasing professional of the chosen company or industry, identify a purchased material or component that is used to produce a specific product.
Analyze how your purchasing strategies of this material or component will change depending on the different stages of the Product Life Cycle: Introduction, Growth, Maturity, and Decline. To perform this analysis consider the following questions:
Format your paper consistent with APA guidelines.
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