The product life cycle is the different stages a product goes through during its existence is known as blank. Hence, option C is correct.
What is product life cycle?
The four phases of a product's life cycle are introduction, growth, maturation, and decline. Product life cycles are used by management and marketing experts to help them decide on things like advertising schedules, price points, entering new product markets, changing packaging, and more.
The five stages that make up a product's life cycle are development, introduction, growth, maturity, and decline.
Thus, option C is correct.
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