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    Alee Raxa
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    Product life cycle management involves using different business strategies as a product moves through its introduction, growth, maturity, and decline stages. PLCM analyzes how customers perceive and purchase products over time and how companies can maximize profits during each phase. It helps companies plan for when to develop new products or make improvements to existing ones.

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    Product life cycle management involves using different business strategies as a product moves through its introduction, growth, maturity, and decline stages. PLCM analyzes how customers perceive and purchase products over time and how companies can maximize profits during each phase. It helps companies plan for when to develop new products or make improvements to existing ones.

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    3 views1 page

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    Uploaded by

    Alee Raxa
    Product life cycle management involves using different business strategies as a product moves through its introduction, growth, maturity, and decline stages. PLCM analyzes how customers perceive and purchase products over time and how companies can maximize profits during each phase. It helps companies plan for when to develop new products or make improvements to existing ones.

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    Brite Product Life Cycle?

    Product life cycle management (or PLCM) is the succession of strategies used by business management as a product goes through its life.

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