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1. profits? What are the four stages in the product life cycle? How do they differ in terms of sales and 2. How do
1. profits? What are the four stages in the product life cycle? How do they differ in terms of sales and 2. How do high-learning and low-learning products differ? 3. What is the shape of the product life cycle for a smartphone in today's marketplace? 4. What approaches can be used to extend a product's life cycle? 5. Describe the three types of product innovations and explain which ones are most common.
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