Question

Write notes on Product Life Cycle.

Answer 1

What is Product Life Cycle? Product life cycle is the progression of an item through the four stages of its time on the market. The four life cycle stages are: Introduction, Growth, Maturity and Decline. Every product has a life cycle and time spent at each stage differs from product to product.

Answer 2

it is progression of an item through four stages:

introduction,growth,maturity,decline