2023 Please describe the different stages of the Product Life Cycle PLC with at least | Assignments Online
2023 Please describe the different stages of the Product Life Cycle PLC with at least | Assignments Online
Assignments Online 2023 Business & Finance
Please describe the different stages of the Product Life Cycle (PLC), with at least two examples.
One example is a product that follows a typical PLC stages, and appears to be in the declining stage or about to become obsolete.
The other example can be a product that seems to defy the PLC theory, something that appears to be lasting forever, or comes and goes very quickly. You are encouraged to use the products from your Marketing Plan.
Comment on the usefulness of the PLC theory in marketing a product.
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