Urilux / E Collection / Getty Images   TOPIC 3:  Product Life Cycle PROMPT: Describe the product life cycle stage in which

Urilux / E Collection / Getty Images  

TOPIC 3:  Product Life Cycle PROMPT: Describe the product life cycle stage in which wireless home security systems (e.g., Ring and SimpliSafe) currently reside. Discuss how the product life cycle and the internal and external environment might impact, or have impacted, the marketing of these offerings. Each stage of the product life cycle poses different challenges. Be sure to reflect on how the internal and external environments affect strategic marketing decisions. 

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