tudents will be writing a paper on The Product Life Cycle. The requirements of this paper include:Paper should provide an in-depth analysis of the Product Life Cycle. Historical background. What value does the Product Life Cycle offer today’s corporate managers. Within the corporate arena, discuss three types of strategies the management team may be planning or reviewing if they were to conduct a Product Life Cycle analysis? What are the advantages and disadvantages of this research tool?Criteria of each paper:All APA requirements must be followed including a proper title and reference page. Students must use at least four peer-reviewed journal articles; three of the four articles must be between 0 and 5 years old. Each paper must include a graph showing the different components of a life cycle (this graph must be created by the student using Excel and cannot be simply copied from an outside source and pasted into the paper). Using the same company as in Wk. 2 (Part B), students must plot the selected battery company into a Life Cycle graph with a detailed analysis of each phase. Estimate page length is 4-5 pages.