Please give examples of products or industries for each stage. Product life cycle, introduction stage, growth stage, maturity stage, and decline stage.
I can argue the automotive industry is at the maturity stage. How about electric vehicles (EV)? I imagine EV falls in the introduction or growth stage. Does that define TESLA as a mature industry company or a growth tech company? What kind of production strategy (e.g. “produce to order”, “produce to stock”, etc.) do we use for each stage?