All products go through a product life cycle of _________ stages: _________.

Question

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Products go through four stages in their life cycles: introduction, growth, maturity, and decline. During the introduction stage, a new product is introduced to the market. During the growth stage, sales rise quickly as more and more customers become aware of the product. During the maturity stage, sales level off as the product becomes fully accepted by the market. Finally, during the decline stage, sales fall as customers switch to newer or better products.

All Products Go Through a Product Life Cycle of _________