Problem: I am in a learning team and my group is writing a paper on a new service offered by Kudler Fine Foods. We decided to expand the bakery and pastry sales to outside grocery store chains.
I am having trouble answering the below question. It doesn't matter which product life cycle we choose, I just have to explain the below question.
Describe the pace at which your product will move through the product life cycle and the factors that will impact its movement. How will the product life cycle impact the marketing of your selected product or service?