In the context of a new product, the sales of the product most likely peak during the _____ of its life cycle.
A) introduction stage
B) growth stage
C) maturity stage
D) decline stage

Question

Quizplus · Accepted Answer

The sales of a product typically peak during the maturity stage of its life cycle, as the product has gained widespread acceptance and market saturation occurs.

In the Context of a New Product, the Sales of the Product