The GLOBAL LIFE CYCLE consists of five stages: 1) Unmet demands-production begins; 2) Product introduction-demand exceeds production;

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The GLOBAL LIFE CYCLE consists of five stages: 1) Unmet demands-production begins; 2) Product introduction-demand exceeds production; 3) Growth of sales stage-supplies of a product is higher than demand; 4) Maturity stage-demand is satisfied; 5) Demand declines-decline of sales follows." Is this definitions true all false