Product Life Cycle Management

Product Life Cycle Management-This post should be in RESPONSE TO THE FOLLOWING QUESTIONS and must be 150 words.

DISCUSSION QUESTION:

1. Identify one of your favorite products that is in the maturity stage of the product life cycle.

2. Discuss how the company has managed and marketed the product in EACH of the stages of the product life cycle from introduction through maturity.

3. What has the company done recently to ensure the product remains in the maturity stage and avoids decline?

Answer Preview-Product Life Cycle Management