5h) The product life cycle

Question 1

What is the product life style?

Answer 1

The product life cycle is a series 
of stages that a product will pass 
through from the moment it is 
introduced to the market until the 
product becomes obsolete
or replaced

Question 2

What are the stages in the product life style?

Answer 2

1. Introduction
2. Growth
3. Maturity
4. Decline