Managing change in life
PAGE CREATED ON : 11/03/2022
LAST UPDATED DATE : 11/03/2022
What is Managing change in life?
Managing change in life maturity stage is the part of the product life cycle where the sales growth rate slows down (not negative). At this stage, you will see which products are winners and which are losers. Winners get prizes, which can generate ample cash for the company.
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The company is in the market maturity stage of the product life cycle. In this stage, the strong growth in sales by the company is diminishing!
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