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Market Life Cycle. It shows the stages a product goes through from when it was first introduced to the market until it. The product life cycle (plc) the product life cycle is the period of time over which an item is developed, brought to market and eventually removed from the market.
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It follows the following steps: Launch, growth, maturity and decline. For better understanding, one can opt for capital market course and capital market tutorial provided by experts in the domain.
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The distinct stages of an industry life cycle are: Introduction, growth, maturity, and decline. This concept of product life cycle is applicable to all consumer product, durables and non durables. For better understanding, one can opt for capital market course and capital market tutorial provided by experts in the domain.