When products have been around for many years and are reaching the decline stage of their life cycle,it may be too late for research to produce valuable results.

Question

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When a product is in the decline stage, it means that it has already reached its peak and is losing market share. At this point, it may be difficult for research to produce valuable results because the product is no longer in demand. It is important for companies to constantly innovate and develop new products to avoid reaching the decline stage.

When Products Have Been Around for Many Years and Are