A music school in Boyles Height, LA, specializes in teaching the guitar and the violin. After a spurt in growth and a few successful years, the school is experiencing a slowdown in sales and stability in its profits due to an increase in competition. The school is in the ________ stage of its life cycle.
A) introduction
B) growth
C) decline
D) maturity
E) obsolescence

Question

Quizplus · Accepted Answer

The school has already experienced growth and success, which indicates that it has passed the introduction phase. The current slowdown in sales and stability in profits suggest that the school has reached a point of maturity in its life cycle, where it is facing increased competition and needs to adapt or innovate to continue thriving. The decline and obsolescence stages are not applicable in this scenario, as the school is still operational and has potential for growth.

A Music School in Boyles Height, LA, Specializes in Teaching