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During the introduction/birth stage of the product life cycle Producers generally face full capacity utilization and the industry becomes saturated Firm growth related a firm

image text in transcribed During the introduction/birth stage of the product life cycle Producers generally face full capacity utilization and the industry becomes saturated Firm growth related a firm producing the product is expected to decline Strategies to manage the decline in growth must be utilized and managed Activities ensuring significant levels of market share for product sales in the industry are important

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