Question

A product life cycle is divided into

Answer 1

Answer:

A Product life cycle is divided into four stages – Introduction (a seed is planted), Growth (root takes place and leaves come out), Maturity (adulthood takes place), and Decline (plant begins to shrink and finally die). “Life of a product is less than a year in today’s times. When you create a product, you also prepare for its demise, because after that there are product extensions.” Some of the important points relating to PLC are as under:

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Answer 2

The product life cycle is broken into four stages: introduction, growth, maturity, and decline.