A series of stages that products pass through in their lifetime, characterized by changing product demands over time is defined as
A) Development life cycle
B) Design program
C) Product life cycle
D) Services life cycle
E) Product life methodology

Question

Quizplus · Accepted Answer

The product life cycle is a series of stages that a product typically goes through, starting with its development and introduction to the market, and ending with its decline and eventual discontinuation. The stages of the product life cycle are characterized by changing product demands over time, as well as changes in the competition, pricing, and marketing strategies.

A Series of Stages That Products Pass Through in Their