BUSS2 Product Life Cycle 1.0 / 5 based on 1 rating ? Business StudiesASAQA Created by: Bonnie FowlerCreated on: 29-03-13 22:47 Explain the Decline stage of the product life cycle Sales fall, profits decrease, start thinking of extension strategies 1 of 5 Explain the Research & Development stage or the product life cycle? Expensive, making no turnover, no sales, can be long, can fail. 2 of 5 Explain the Introduction stage of the product life cycle Product launch, negative cash flow, no income, high promotion costs to establish place in the market, can fail 3 of 5 Explain the Growth stage of the product life cycle Sales increase, start to make a profit, people start to stock the product 4 of 5 Explain the Maturity stage of the product life cycle Competition becomes farce, sales drop, profits stay the same or drop a little, sell have a positive cash flow 5 of 5
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