A firm may be able to manage the product life cycle by extending maturity or reversing a decline.

Name: A firm may be able to manage the product life cycle by extending maturity or reversing a decline.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A firm can manage the product life cycle by implementing strategies such as product improvements, marketing campaigns, or finding new markets to extend the maturity phase or reverse a decline.

A Firm May Be Able to Manage the Product Life