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Which stage of the product life cycle should focus on achieving minimum cost per unit delivery?

Sagot :

The growth stage of the product life cycle should focus on achieving minimum cost per unit delivery.

During the growth stage, consumers have accepted the product in the market and customers are starting to absolutely buy in. That means to call for and profits are growing, optimistically at a progressively fast pace. The growth stage is whilst the market for the product is increasing and competition begins developing.

The product life cycle is the development of a product via 5 distinct tiers—development, creation, growth, maturity, and decline. The concept became developed using German economist Theodore Levitt, who published his Product life Cycle version in the Harvard business review in 1965. We still use this model today.

Learn more about the product life cycle here: https://brainly.com/question/14567370

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