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NOKIA was very good at its introduction stage but now it is declining day by day because Samsung is trying to capture its market and samsung mobiles are cheaper compared with nokia so customers are switching on to samsung and Nokia is coming to a declining stage.

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14y ago
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9y ago

Samsung divides itâ??s product cycle into four stages. These are Innovation - idea stage where a product need has not been met, Growth - after being noticed in the market , Maturity - sales growth has slowed and Decline - after maturity peak, there is a decline in sales. Proper management of a product life cycle involves maximizing its value and profitability at each stage.

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10y ago

samsung mobile phone

life cycle stage in industry

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Q: What is the product life cycle of any samsung in terms of introduction stage growth stage maturity stage ang decline stage?
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