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प्रश्न
Explain the abandonment stage of the product life cycle.
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उत्तर
Firms typically transfer their focus to other items, gradually discontinuing the declining offering. They forsake the product to optimize their resources. As consumer preferences shift, new innovations may emerge to replace abandoned products. Some companies attempt to postpone desertion by releasing new models with distinct features. In the event of significant losses and no future, the company may sell out and merge with a stronger enterprise.
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