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The product life cycle is a useful tool marketers use to determine the stage the product has reachand level of profitability. Discuss the various stages

The product life cycle is a useful tool marketers use to determine the stage the product has reachand level of profitability.

Discuss the various stages a product like everpure (bottled) water can go through from the introductory stage to the decline stage. Use practical examples where necessary.

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