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Describe Three Strategies for Extending the Product Life Cycle

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Describe three strategies for extending the product life cycle.


Definitions:

Internal Locus

The belief that one controls one's own destiny and outcomes are a result of one's own efforts.

Stress

A physical or emotional response to external or internal pressures, challenges, or demands.

Type A Behavior

A personality trait characterized by high levels of competitiveness, impatience, aggressiveness, and a constant sense of urgency.

Coronary Heart Disease

A condition characterized by reduced blood flow to the heart muscle due to build-up of plaque in the coronary arteries, leading to chest pain and potentially heart attacks.

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