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.
In the maturity stage, the product begins to enter the most profitable stage. Production costs go down and sales go up.
In the mature stage of the product lifecycle, sales continue to grow, but at a much slower pace. Economies of scale give companies a competitive advantage. Promotional activities are usually focused on remaining customers.
After a few years in business, the business may reach a more stable and profitable maturity stage. This is the third stage of the enterprise life cycle. When you started your business, you may have drawn a limited paycheck.
Learn more about the life cycle at
brainly.com/question/9532067
#SPJ4
Based on what you have a degree on, where the company/business is, would you be happy with the amount of money you got, and would you be ok with what you're doing.
Most people are very willing to help out others with job leads and advice, because at one point, someone helped them with job leads and advice as well. The statement presented is True. In the real-job world, give-and-take is very important. It is believed that what you give and help, it will soon goes back to you in a different way.