fill in the blank\n10) the product ______________ is a concept that refers to four stages through which a…

fill in the blank\n10) the product ______________ is a concept that refers to four stages through which a product evolves as it travels from the point of market introduction to the point at which a product is no longer selling.\n11) ____________ learning prodcts present a learning curve for the customer in order both to understand, and use the product correctly.\n12) before a product ever enters the market, its already gone through a thorough process that ensures that its ready to compete in the market space. this process contains several steps, known as the ______________ development process.\n13) in the ______________ stage, the product begins to compete with other similar products in the market in an attempt to beat them.\n14) in the ______________ stage, the product will begin to level off and lose steam.\n15) crm (from esb) stands for ______________ relationship management.
Answer
Brief Explanations:
- The product life - cycle has four stages from introduction to decline.
- Complex learning products require customer learning.
- Product development process readies a product for market.
- In the growth stage, a product competes with others.
- In the maturity stage, a product levels off.
- CRM stands for customer relationship management.
Answer:
- life - cycle
- Complex
- product development
- growth
- maturity
- customer