Question

As personal computers became popular, the sale of typewriters decreased significantly and now typewriters are only used by a very small segment of consumers. Typewriters are in the ________ stage of the product life cycle.

Answer 1

Answer:

The correct answer to the following question is "Decline".

Explanation:

A declining stage seems to be a part of what has been recognized as a particular product development cycle. Perceived the final phase of that same product cycle, this phase applies to a phase when the value of the product or service becomes decreasing, resulting in lower sales revenues.

• This phase happens whenever a product comes into the marketplace immediately.
• At such a stage, the cost of a product is surprisingly high, as well as the market supply of labor is small.

So, the Decline stage is the best possible answer which suits the given scenario.