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GrogVix [38]
2 years ago
8

Select the correct answers. At which stage of the product life cycle does a product reach its peak in terms of sales and profits

? A. growth B. introduction C. decline D. maturity
Business
1 answer:
Ostrovityanka [42]2 years ago
3 0

Answer:

D. maturity

Explanation:

A product life cycle is divided into four, namely, introduction,  growth, maturity, and decline. The concept of the product life's cycle is used as a decision-making tool to help management know when to expand to new markets, increase advertising, adjust prices, or redesign a product.

The maturity cycle is the third stage of a product life cycle. At this stage, sales revenues and sale volume reach the peak. The market get saturated with very few new customers. The product growth becomes stagnant. Profits may begin to decline at this stage.

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In terms of global business strategy, the governance of ________ firms has been likened to a federal structureâ "strong central
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Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
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2 years ago
Discuss whether or not demand for laser eye surgery will become more inelastic over time
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3 years ago
Mark s wife asked him how his first day at work went. He smiled and said everyone he met told him about how Jed McClusky single-
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Answer:

The correct answer is a. corporate stories.

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<h3><u>Explanation:</u></h3>

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6 0
3 years ago
Read 2 more answers
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