The product life cycle enables a marketing manager to examine the marketing mix of a particular product or group of products in terms of its position in its life cycle.

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The statement is true. The product life cycle is a framework that outlines the stages a product goes through from introduction to decline. By understanding which stage a product is in, a marketing manager can make strategic decisions regarding the product's marketing mix (product, price, place, promotion) to manage its growth, maturity, and eventual decline.

The Product Life Cycle Enables a Marketing Manager to Examine