What is Product Life Cycle (PLC)? Definition, Stages, Strategies, Importance, and Examples
There was a time where CDs, VCRs, and Typewriters were the most popular. But today in the 21st century they have become outdated. This is one of the best examples of a product life cycle (PLC). So, what is the product life cycle (PLC), what are its stages, and why it is important, let’s find…