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.
Example Sentences for proclaiming. And as to proclaiming him, I shall do so when it pleases me. âWe have no intention of proclaiming in the streets that we are poor,â said Hester. Then we passed a vast concourse of red-cross tents of every description, proclaiming a hospital. It is tantamount to proclaiming that there cannot be too much aristocracy.