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Product Life Cycles and Industry Sales and Profits

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Explain how industry sales and industry profits behave over the product life cycle and using an example.

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https://brainmass.com/business/the-product-lifecycle/product-life-cycle-and-how-it-s-impacted-by-sales-and-profits-261528

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Answer:

Product life cycle is divided in four parts and these four parts include:

(i) Introduction: At this stage company promote its product and for this it requires lot of investment. Here the sales ...

Solution Summary

This solution discusses the product life cycle and how its impacted by sales and profits.

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