Product life cycle

0.0(0)
studied byStudied by 3 people
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/4

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

5 Terms

1
New cards

what are the 4 stages of the product life cycle

introduction growth maturity decline

2
New cards

what happens in introduction

product is introduced into the market high cost low profit

3
New cards

what happens in growth

sales start to increase cost high profit increasing

4
New cards

what happens in maturity

sales of the product at highest market is saturated high profit low cost

5
New cards

what happens in decline

sales of product decrease