How the life cycle affects the development of a new version

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Question 1: After reviewing this week's resources and your research, in your own words how would you explain a product's life cycle? Draw the product life cycle graph for your selected product or service.

Question 2: As you reflect on the cycle, select a product you personally use and explain how the life cycle affects the development of a new (revised) version of the product for a different market segment and why?

Reference no: EM132651412

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