Question: Which statement regarding the product life cycle is correct? Question 2 options: The three stages of the product life cycle are growth, maturity and decline.

Which statement regarding the product life cycle is correct?

Question 2 options:

The three stages of the product life cycle are growth, maturity and decline.

Each stage of the product life cycle is typically the same length.

Technology products often experience shorter life cycles.

Sales decrease from introduction through to the decline stage.

Not all products go through the life product life cycle.

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