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.
Unsourced material may be challenged and removed. (April 2014). An aphorism (from Greek á¼ÏÎ¿ÏÎ¹ÏÎ¼ÏÏ aphorismos, delimitation) is a terse saying, expressing a general truth, principle, or astute observation, and spoken or written in a laconic and memorable form. Aphorism literally means a distinction or definition. The term was first used in the Aphorisms of Hippocrates.