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The diffusion of Innovation and product life cycle are two of the most important concepts that we learned since the first midterm. In relation to
The diffusion of Innovation and product life cycle are two of the most important concepts that we learned since the first midterm. In relation to these two concepts (and curves), (I don't want definition from the book or the internet) answer the following question:
A)What are the implications in terms of increasing/decreasing sales or profit from the product life cycle curve and how do they relate with the different sections of the diffusion of innovation curve?
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