Answer 3 questions referring the websites. 2 Pages

https://www.mindtools.com/pages/article/newSTR_80.htm

http://productlifecyclestages.com/

1. What is going on in each of the 4 stages? You should include consumers, competition, total revenues and profits in your discussion.

2. How might decisions vary for each stage? In other words, what changes in products, pricing, promotion, and/or distribution might occur? 

3. Refer to your team's marketing project (final project) - at which stage is your product? How do you know (based on the readings)? How is the stage impacting your problems/opportunities that you've chosen to address? Discuss.