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Company P, a printer manufacturing company, has recently experienced a demand decline for its products. The decline in demand for printers is occurring in the
Company P, a printer manufacturing company, has recently experienced a demand decline for its products. The decline in demand for printers is occurring in the entire industry, which has created intense competition between companies. Customers are buying replacement parts instead of purchasing new printers. What stage of the life cycle has Company P entered? a. decline stage b. maturity stage c. shakeout stage d. growth stage
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