help differentiate a company's brand from competitors,an improved version is created,or new features are added to the original design,and product proliferation occurs in the __________ stage of the product life cycle.

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The growth stage of the product life cycle is characterized by increased competition and the need for differentiation. Companies often enhance their product offerings with new features or an improved version to stay ahead of competitors and attract customers. This can lead to product proliferation, where the company expands its product line to offer more options to consumers. In contrast, the introduction stage is focused on establishing the product in the market, the maturity stage is marked by saturation and declining sales, and the decline stage sees dwindling demand and possible product discontinuation. The harvest stage typically involves reducing investment in the product to maximize profits.

Help Differentiate a Company's Brand from Competitors,an Improved Version Is