Absco computers introduced a low cost,cloud-based storage service.The company adopted a unit-based pricing for the product and many small businesses found the product to be very effective in reducing their storage costs.The sale of the product has increased swiftly in the recent months and is at an all-time high.The product is presently in the ________ stage of product life cycle.
A) maturity
B) growth
C) saturation
D) research
E) introduction

Question

Quizplus · Accepted Answer

A)After the introductory stage comes the growth stage, marked by a rapid jump in sales-if the product is successful-and, usually, an increase in the number of competitors and distribution outlets.
B)After the introductory stage comes the growth stage, marked by a rapid jump in sales-if the product is successful-and, usually, an increase in the number of competitors and distribution outlets.
C)After the introductory stage comes the growth stage, marked by a rapid jump in sales-if the product is successful-and, usually, an increase in the number of competitors and distribution outlets.
D)After the introductory stage comes the growth stage, marked by a rapid jump in sales-if the product is successful-and, usually, an increase in the number of competitors and distribution outlets.
E)After the introductory stage comes the growth stage, marked by a rapid jump in sales-if the product is successful-and, usually, an increase in the number of competitors and distribution outlets.

Absco Computers Introduced a Low Cost,cloud-Based Storage Service