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Subject : Fundamentals of marketing Q1 (a) Name and describe the five stages of the product life cycle. Identify a product class, product form, or

Subject : Fundamentals of marketing Q1 (a) Name and describe the five stages of the product life cycle. Identify a product class, product form, or brand that is in each stage (b) Discuss the benefits and drawbacks of test marketing and explain why some companies do or do not use test marketing for new products. Name and describe the three approaches to test marketing (Brief Answer required)

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