Examlex
Entrepreneurs directly do all of the following EXCEPT
Decline Stage
The final phase in the product life cycle characterized by a decrease in sales and profits, leading to the eventual withdrawal of the product from the market.
Product Life Cycle
The stages a product goes through from development and introduction to decline and discontinuation in the market.
Functional Benefits
The practical or utilitarian advantages that a product or service offers to customers.
Perceptual Benefits
Perceptual Benefits refer to the subjective advantages a consumer perceives in a product or service, often based on brand image, aesthetics, or status.
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