Question

product life cycle includes:
select one:
a. introduction, growth, maturity, decline
b. raw, wip, finished, scrap
c. seed, series a, ipo, exit
d. design, test, launch, retire

Explanation:

The standard product life cycle framework in business includes four core stages: Introduction (launch), Growth (increasing sales), Maturity (peak market saturation), and Decline (falling demand). Option b refers to inventory stages, c to startup funding stages, and d to product development phases—none match the product life cycle definition.

Answer:

a. Introduction, growth, maturity, decline