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Christopher Columbus called the native people he encountered on his voyages "Indians" because
Introductory Stage
The initial phase of a product or service lifecycle, characterized by low sales, high investment costs, and limited market acceptance.
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.
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