1. Using your knowledge of the latest and greatest gadgets to hit the market, map out the...

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1. Using your knowledge of the latest and greatest gadgets to hit the market, map out the life cycle of a particular product. How fast will it traverse the entire cycle? How many competitors do you predict will enter the market and when? What would you recommend to management knowing that this cycle will most likely play out? What should the company do when the product moves into decline?

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