Marketing MCQ
Marketing
Which of the following stages of the product life cycle features new competitors that enter the market, creating new variations of the product?
Which of the following stages of the product life cycle features new competitors that enter the market, creating new variations of the product?
Which of the following stages of the product life cycle features new competitors that enter the market, creating new variations of the product?
A. Decline stage
B. Introduction stage
C. Maturity stage
D. Cannibalization stage
E. Growth stage
Answer: E. Growth stage
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