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xz_007 [3.2K]
1 year ago
8

As a product moves into the market maturity stage of its life cycle, the marketing manager should:____.

Business
1 answer:
fenix001 [56]1 year ago
5 0

As a product moves into the market maturity stage of its life cycle, the marketing manager should expect the market to move toward pure competition.

Maturity is the time when sales start to plateau from the boom. At this point, companies start cutting prices to remain competitive in the face of increased competition.

Maturation occurs after introduction and growth. Maturity is the longest stage in the product life cycle. At this stage, sales growth starts to decline. The company reaches a high point in the demand cycle. and promotional strategies have minimal impact on revenue growth. December 20, 2021

Learn more about market maturity stage here: brainly.com/question/25754149

#SPJ4

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<h3>What is a secondary market?</h3>

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The types of secondary markets include:

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<h3>Answer Options:</h3>

A. facilitates the raising of further capital in the secondary market.

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C. encourages successful primary market issues.

D. is of little or no consequence.

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