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Business, 28.07.2019 17:30 isabhb4227

The product life cycle refers to a. the average life span of a product mix b. a concept that describes the stages a new product goes through from product concept to commercialization c. a concept that describes the stages a product goes through in the marketplace—early growth, accelerated development, maturity, and harvesting d. a concept that describes the stages a product goes through in the marketplace—introduction, growth, maturity, and decline e. the amount of time it takes a product innovation to completely diffuse in the marketplace

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