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Please respond to the following in a minimum of 175 words: Select a product you are familiar...

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General Management

Please respond to the following in a minimum of175 words:

  • Select a product you are familiar with. Based on your knowledgeof the product life cycle, what types of changes will occur to yourselected product? How will this affect the marketing of yourselected product?

Answer & Explanation Solved by verified expert
4.1 Ratings (560 Votes)
The product life cycle has four stages that a product must undergo in the market and they include introduction growth maturity and decline The product of interest in this case will be Android mobile phones Introduction stage at this stage organizations have already done research on the market needs and they have come up with a product or service they may need Organizations will have to use    See Answer
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