Q$1.$ CASE STUDY $(10$ Marks$)$

Product life cycles are used by management and marketing professionals to help determine advertising schedules, price points, expansion to new product markets, packaging redesigns, and more. These strategic methods of supporting a product are known as product life cycle management. They can also help determine when newer products are ready to push older ones from the market.a$)$ Explain each stages of Product Life Cycle $($PLC$)$ in Managing Service Operation.