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Hobby-Light is a desk light that lets hobbyists match colour swatches accurately without going outside.Its like convenient,natural sunlight inside.The lights have high marketing costs,are sold with high dealer margins,and high production costs.Ads for the product aim at educating craftspeople who work with fabrics and paints about the benefits of the Otto-Light.In which stage of the product life cycle is the light?
External Locus
A belief that one's successes or failures result from external factors beyond one's control, contrasting with an internal locus of control.
Control
The capability to sway or steer the actions of people or the flow of occurrences.
Vicious Cycle
A sequence of reciprocal cause and effect in which two or more elements intensify and aggravate each other, leading to a deteriorating situation.
Self-concept
An individual's perception of themselves, encompassing their beliefs, feelings, and self-awareness.
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