What are the stages of product life cycle, Marketing Management

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What are the stages of product life cycle?

Stages of Product Life Cycle: introductory stage, growth stage, maturity stage and decline.

Products have restricted life. A product sale passes by distinct stages each passing various challenges opportunities and difficulties to seller. Profit is rise and falls at various stages. Products require various marketing financial, purchasing, manufacturing and human resources strategies into each stage of their life cycle.

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