Businesses should strive during the early years of market maturity to maximise the flow of profits over the remaining life of the product market.

Question

Quizplus · Accepted Answer

During the early years of market maturity, businesses should aim to maximize profits as the market growth slows down, competition stabilizes, and consumer demand becomes more predictable, allowing for strategic planning to optimize profit margins over the product's remaining market life.

Businesses Should Strive During the Early Years of Market Maturity