Answer:
C. Competitors are well established.
Explanation:
A product's life cycle can be understood as the complete product story through its sales phases: introduction, growth, maturity, and decline. This is the concept of planned adolescence, that is, products are already born with a date scheduled to be withdrawn from the market.
A characteristic of the maturity phase of this cycle is that competitors are well established. This phase is a period of low growth in sales. Profit levels become stable or decrease due to the company's spending to defend the product from competition. When the product reaches saturation the competition characteristics become more fierce.
They need it because if not then if someone was to come to America from the UK they wouldn’t have any way to get to money. So there is exchanging so you can get the money here worth the money there. Hope this helps. It’s kinda hard to explain lol.
The biggest challenge for marketers and advertisers are making people aware about the existence of your product.
You can have a product with highest function and quality, but if people are not aware that your product exist, your company would most likely able to generate enough sales to survive.
Military dictatorship
you're welcome :)
I believe the answer is true
