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Which product life-cycle stage, if any, is the most important? Which stage is the riskiest? Which stage offers the greatest profit potential? Which stage appears

Which product life-cycle stage, if any, is the most important?

  • Which stage is the riskiest?
  • Which stage offers the greatest profit potential?
  • Which stage appears to require the greatest amount of hands-on management?

You may use practical examples to address these questions and to explain the thinking behind each of your answers.

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