ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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cycle that focuses on how, where and when it is achieved.
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the supply cycle
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the manufacturing cycle
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the distribution cycle
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None of the above
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Explanation:
Detailed explanation-1: -The product life cycle is the progression of a product through 5 distinct stages-development, introduction, growth, maturity, and decline.
Detailed explanation-2: -Product development life cycle (PDLC) or product development cycle, is a way to describe all the stages a product goes through. This cycle is often broken into four or five stages: (new product development), introduction, growth, maturity, and decline.
Detailed explanation-3: -Product life cycle (PLC) is the process of a product’s growth, maturity, and decline over time. It consists of four stages: introduction, growth, maturity, and decline. During each stage, the product experiences different levels of sales and profits.
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