When the firm launched its product, it was no longer a new product, as it had to compete with two competitors in the market and hence the firm released the product with a variation.Because of this, the product would be in the stage of the product life cycle.

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The Answer of When the firm launched its product, it was no longer a new product, as it had to compete with two competitors in the market and hence the firm released the product with a variation.Because of this, the product would be in the stage of the product life cycle.

When the Firm Launched Its Product, It Was No Longer