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Different products remain in existence for a different limited period. This is called

  • A.Product life cycle
  • B.Product life
  • C.Product maturity
  • D.Product decline

Answer: A

Correct answer: Product life cycle

Every product has a commercial lifetime, and its length varies enormously - a fashion item may last a season, a soft drink a century. Tracing sales and profit across that lifetime, through introduction, growth, maturity and decline, is the product life cycle.

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