Find four different products that are in the four different phases of the product life cycle. Give your opinions on the product in the market decline phase: whether the company should divest, harvest, or rejuvenate the product and the reasons behind your choices.

i)  Introduction phase : self driven cars

ii) Growth phase : Amazon web service

iii) Maturity phase : Ford cars

iv) Decline phase : CD's and DVD's

Explanation:

The four(4) different phases of the product life cycle are:

i)Introduction

ii)Growth

iii)Maturity

iv) Decline

examples of products in the different phases

Introduction phase : Self driven cars ; this product is in this stage because the Idea is yet to be implemented as several  factors are been considered first and feasibility studies are been conducted

Growth phase :  Amazon web service : this product is now in the growth stage as many IT companies have started using the app and the app is growing

Maturity phase : Ford cars : This product is its maturity stage as it is one of the most used car brand in the world.

Decline phase : CD's and DVD 's : The use of CD and DVD's is in a serious decline as online streaming of movies and events is on the rise

I will advise the company Divest and see how they will embrace the latest technologies in line with their business of satisfying their customers

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

answer the amount a seller is paid minus the cost of production;