As Nest, maker of smart thermostats, was planning the launch of their most recent product. they most certainly attempted to antlipate the product the cycte for thes type of new product and they have also most certainly been trying to manage the product life cycle as effectively as possible. Given that, which of the following statements related to the Product Uifecycle concept is most accurate? The revenue and profit lines cross over each other during the "maturity' phase stage so that they can continue to drive solid revenue growth for as long as possible. The final stage of the life cycle is referred to as the "death" stage In managine the life cucle it it meseonable that marfucters woutd want to lengthen the "Introductory" stage so that they can get to profitability faster
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In the "introductory" stage, revenues and profits are always positive