According to Kurtz/lecture, all of the following are true of the stages of the product lifecycle EXCEPT:

According to Kurtz/lecture, all of the following are true of the stages of the product lifecycle EXCEPT:



a) The introductory stage whereby a firm works to stimulate sales of a new market entry

b) The growth stage whereby a firm realizes the potential of a product but it is not yet profitable

c) The maturity stage whereby industry sales level out

d) The decline stage whereby a decline in total industry sales occurs



Answer: B


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