As stated above, the product life cycle consists of four stages: introduction, growth, maturity, and decline. Figure A illustrates the product life cycle. Determination of a product's stage in its life cycle is not based on age, but on the relationship of sales, costs, profits, and number of competitors.
Proclaim is defined as to announce or declare. An example of to proclaim is to announce that a fight is over. 1  to announce officially; announce to be.
proclaim c.1400, from L. proclamare cry or call out, from pro- forth + clamare to cry out (see claim). Proclamation that which is proclaimed is recorded from 1415. So Iris knew of the court-martial, nor was she afraid to proclaim to all the world that this man was her lover.