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Determine if the series converges or diverges; if the series converges, find its sum.
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Retail Life Cycle
The process that retail formats go through, encompassing introduction, growth, maturity, and decline stages.
Maturity Stage
The phase in a product's life cycle where sales growth slows or levels off after reaching a peak, as the product becomes saturated in the market.
Retail Life Cycle
The progression of a retail business from initiation and growth stages to maturity and then decline, similar to the product life cycle.
Decline Stage
The final phase in the product life cycle, characterized by a decrease in sales and often leading to the discontinuation of the product.
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