Subject: Marketing Define and discuss the product life cycle and how this might affect our new product...

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Finance

Subject: Marketing
Define and discuss the product life cycle and how this mightaffect our new product development planning. After reviewing thisweek’s resources and your research, in your own words how would youexplain a product’s life cycle? As you reflect on the cycle, selecta product you personally use and explain how the life cycle affectsthe development of a new (revised) version of the product for adifferent market segment and why?
Please Explain the Answers briefly.
I need this ASAP, And Please try to write the answer inyour own words, and do not copy paste from google.

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Subject: MarketingDefine and discuss the product life cycle and how this mightaffect our new product development planning. After reviewing thisweek’s resources and your research, in your own words how would youexplain a product’s life cycle? As you reflect on the cycle, selecta product you personally use and explain how the life cycle affectsthe development of a new (revised) version of the product for adifferent market segment and why?Please Explain the Answers briefly.I need this ASAP, And Please try to write the answer inyour own words, and do not copy paste from google.