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प्रश्न
In which stage of the product life cycle, sales continue to grow but at a decreasing rate?
विकल्प
Maturity stage
Decline stage
Growth stage
Introduction stage
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उत्तर
Maturity stage
Explanation:
In the maturity stage of the product life cycle, sales continue to grow but at a slower, decreasing rate compared to the growth stage. This stage is characterized by market saturation, where most potential customers have already purchased the product, and competition becomes more intense. Companies often focus on differentiating their products and maintaining market share during this stage.
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संबंधित प्रश्न
Which stage of the product life cycle is marked by falling costs and rising revenues?
In declining stage of PLC, which tool would be more preferred?
Which feature is pertaining to Introduction stage of PLC?
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Mention the various stages of ‘Product Life Cycle’.
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Explain the first two stages of product life cycle.
Explain the decline stage of the product life cycle.
Explain the second stage of product life cycle.
“Introduction Stage in a product life cycle is not very risky.” Justify either or against.
