It is critical for an organization to understand that eventually a product will go into the decline stage prepare to find replacement products.
Decline stage is the last stage of the product life cycle which comes after the after introductory stage, growth stage and maturity stage.
It is the stage when the sales drop and start to decline as original need for the product have diminished.
Decline is also the reason due to the innovation of the new product.
Learn more about the decline stage of a product here:-
https://brainly.com/question/6960017
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