Question

_______ is the process of managing the entire life cycle of a product.​

Answer 1

Answer:

Product lifecycle management (PLM) refers to the handling of a good as it moves through the typical stages of its product life: development and introduction, growth, maturity/stability, and decline. .....hope it help u of yes plz give ur vote

Answer 2

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Product life cycle management ( PLCM ) is the process of managing the entire life cycle of a product.

It is a topic related to MBA.

• The term product life cycle refers to the length of time a product is introduced to consumers into the market until it's removed from the shelves.
• The life cycle of a product is broken into four stages—introduction, growth, maturity, and decline.
• This concept is used by management and by marketing professionals as a factor in deciding when it is appropriate to increase advertising, reduce prices, expand to new markets, or redesign packaging.
• The process of strategizing ways to continuously support and maintain a product is called product life cycle management