In: Operations Management
9 The product life cycle model ________________________________________.
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 helps companies develop new products  | 
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 explains the time it takes for a population to fully accept a new product  | 
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 describes reasons for why consumers buy or don't buy a particular product  | 
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 helps managers understand how marketing strategies need to be adapted as market conditions change  | 
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 helps managers predict how much time it will take to bring a product to market  | 
helps managers predict how much time it will take to bring a product to marke
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