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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The life cycle of a product goes through how many defined stages?
A
2
B
4
C
5
D
6
Explanation: 

Detailed explanation-1: -It is referred to as the product life cycle or PLC. It (PLC) identifies and explains four stages of product development-introduction, growth, maturity, and decline.

Detailed explanation-2: -The 4 stages of the product life cycle are introduction, growth, maturity, and decline.

Detailed explanation-3: -The product life cycle is the progression of a product through 5 distinct stages-development, introduction, growth, maturity, and decline. The concept was developed by German economist Theodore Levitt, who published his Product Life Cycle model in the Harvard Business Review in 1965. We still use this model today.

Detailed explanation-4: -Some developmentalists break up the human life span into nine stages. Others think twelve is a more suitable number. In some of these theories, the first stage is prenatal development. So in the eyes of some psychologists, the life cycle begins before birth.

There is 1 question to complete.