ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which phase of the Product life cycle is when a product first makes an appearance.
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Introduction
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Growth
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Maturity
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Decline
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Explanation:
Detailed explanation-1: -1. Introduction. This is the first stage of PLC, starting with product ideation and continuing until the product is introduced in the market. In this stage, brands conduct marketing and promotional activities, adapt product life strategies, etc., to ensure the product reaches its target audience.
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