When a firm starts to realize substantial profits from its investment in a product, the product is said to be in the _____ stage of the product lifecycle.
a. decline
b. introductory
c. growth
d. maturity
Answer: c. growth
When a firm starts to realize substantial profits from its investment in a product, the product is said to be in the _____ stage of the product lifecycle.
a. decline
b. introductory
c. growth
d. maturity
Answer: c. growth