product life cycle stages 1
In a well-constructed initial response utilizing the knowledge you gained from the initial readings as well as your own research/experiences to answer the following questions.
First: Read and research the different product life cycle stages.
Then: Choose one of the following products:popcorn; fast food restaurant chain; newspaper; music CD’s; paper stationary; or select your own
that is either in the maturity or decline stage of its life cycle, then answer the following:
- Describe the four stages of the product life cycle using your chosen product.
- What are some strategies for extending your chosen product’s life cycle?
Post at least 150 words as your initial response.
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