A Product Life Cycle is the length of time from a product first being introduced to consumers until it is removed from the market. A product's life cycle is usually broken down into four stages; introduction, growth, maturity, and decline.
Link to further Information: Product Life Cycle
Creative Challenge: Come up with as many ideas as you can for new product ideas for 100,000 frisbees that will not fly. You can transform in any way you like but it may be more costly to trasform the product. Remember you are trying to save your company money.
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