+The **Product Life Cycle** describes the journey a [product](/wiki/product) takes from its introduction to its eventual withdrawal from the market. It typically progresses through stages of introduction, [growth](/wiki/growth), maturity, and decline, guiding strategic decisions in [marketing](/wiki/marketing) and management.
+## See also
+- [Business](/wiki/business)
+- [Innovation](/wiki/innovation)
+- [Strategy](/wiki/strategy)
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