Which of the following occurs during the growth stage of the product life cycle?
A) Sales grow at an increasing rate, and profits are healthy.
B) The product is frequently modified.
C) Primary demand promotion is the norm.
D) Manufacturers adopt a line extension strategy for their product.

Question

Quizplus · Accepted Answer

During the growth stage of the product life cycle, sales grow at an increasing rate, and profits are healthy. This occurs as the product gains acceptance in the market, and the company increases production and distribution.

Which of the Following Occurs During the Growth Stage of the Product