Product Life Cycle: Products pass through a life Cycle. Normally, the product passes through four phases or stages. They are :
a) Â Â Â Â Introduction Stage. Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â b) Â Â Â Â Â Â Â Growth Stage.
c)     Maturity Stage,  and                          d)        DeclineState.
Â
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