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How did the private industry become involved in corrections in the 1980s?
Growth Stage
The growth stage is the phase in a company's life cycle characterized by rapid market acceptance and increasing profits.
Decline Stage
A phase in the product lifecycle or business where sales begin to fall due to market saturation, technological obsolescence, or changing consumer preferences.
Promotion Activities
Marketing efforts designed to increase awareness, interest, and sales of a product or service through various strategies such as advertising, discounts, and events.
Industry
A group of companies or businesses that produce or supply goods, services, or sources of income within a similar sector.
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