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Isabella Keogh
on Dec 15, 2024

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LED (light-emitting diode) lightbulbs, such as the Cree LED bulb, have been available for only a few years in low lighting levels (lumens) . They are designed to replace incandescent and compact fluorescent lightbulbs, in part because of a federal law that phases out incandescent lightbulbs in favor of more energy-efficient ones. LED bulbs are more expensive but will last up to 20 years. In what stage of the product life cycle is this product?

A) growth stage
B) decline stage
C) accelerated development stage
D) introduction stage
E) maturity stage

LED Lightbulbs

Energy-efficient lighting options that use light-emitting diodes to produce light, known for their longevity and lower energy consumption compared to traditional bulbs.

Product Life Cycle

The stages a product goes through from development and introduction to the market, through growth and maturity, and eventually to decline.

Energy-Efficient

Products or systems designed to use less energy for the same or higher performance, reducing energy waste and saving costs.

  • Highlight the specific characteristics and marketing goals across the stages of the product life cycle.
  • Understand the significance of breakthrough products and their journey through the product life cycle stages.
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Graciela AguayoDec 17, 2024
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