The product life cycle refers to the stages a product moves through from the time it enters the market until what time?

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25-10-2019
Business

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The product life cycle refers to the stages a product moves through from the time it enters the market until what time?

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cecylya cecylya · Answer 1 · 2019-10-26T23:53:15+02:00

Answer:

Product life cycle refers to the stages a product moves through from the time it enters the market until the time it disappear.

Explanation:

The Product Life Cycle Stages is a model in economics and marketing. Products enter the market and gradually disappear again.

The product life cycle is separated into four different stages,

Introduction.
Growth.
Maturity.
Decline.

So, in this case the correct answer is the product life cycle refers to the stages a product moves through from the time it enters the market until the time it disappear.