Product Life Cycle

Product life cycle - National 5 Business management Revision product life cycle If a new product is introduced successfully, then the second stage of the product life cycle is growth The rate of growth will depend on things production supervisor The Product Life Cycle defines the stages a product moves through during its lifetime There are typically four commonly accepted product life cycle stages—

slow life The product life cycle stages are 4 clearly defined phases, each with its own characteristics that mean different things for business that are trying to