A product such as a refrigerator will likely remain in the mature stage of the product life cycle until a superior product comes along to replace it.

Name: A product such as a refrigerator will likely remain in the mature stage of the product life cycle until a superior product comes along to replace it.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Refrigerators are in the mature stage of the product life cycle, characterized by stable sales and market saturation, and will remain so until a new, superior product innovation disrupts the market.

A Product Such as a Refrigerator Will Likely Remain in the Mature