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Four stages of product's life cycle

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Please provide examples of the four stages of a product's life cycle are Introduction, Growth, Maturity, and Decline.

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The response addresses the queries posted in 412 words with references.

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The response addresses the queries posted in 412 words with references.

//This paper will provide us with a brief insight regarding the four stages of a product. It will discuss about the product life cycle in brief and also its four stages, that are, Introduction, Growth, Maturity and Decline. Examples are also being discussed of the four stages of the product life cycle or PLC.//

Product Life Cycle (PLC) describes the stages of a product which starts from its introduction, goes through its growth until it is mature and then, finally declines. With the rapid changes in the technology, almost ...

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  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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