Question: It is important to be able to identify which stage of the product life cycle your product inhabits. That allows you to make strategic decisions

It is important to be able to identify which stage of the product life cycle your product inhabits. That allows you to make strategic decisions for its future. In this question, match the characteristic on the left to the stage of the Product Life Cycle (PLC) on the right. Group of answer choices Profits are negative, but slowly increasing [ Choose ] Sales increase at the highest rate in the product's life [ Choose ] Your product faces the greatest amount of competition [ Choose ] Manufacturer might discontinue product. [ Choose ]

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