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Identify and Describe the Stages of the Generalized Product Life

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Essay

Identify and describe the stages of the generalized product life cycle. For each stage, specify the marketing objective a firm should attempt to achieve.


Definitions:

Universal Generalization

A logical operation that asserts that a property or relation holds for all members of a certain category.

Existential Generalization

A logical operation that infers the existence of at least one member of a group from a statement about an individual or individuals.

Existential Instantiation

A principle in logic and philosophy that allows from the acknowledgment of the existence of at least one instance of a particular predicate.

Universal Instantiation

A logical rule that states if a property or relation holds for all members of a class or domain, then it holds for any specific member of that class or domain.

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