Campy Soups is a newly established company that specializes in preparing healthy but tasty food for children under the age of 5.It is incurring huge productions costs,nonexistent profits,and slow sales growth.The company is in the ________ phase of its life cycle.
A)stagnancy
B)introduction
C)maturity
D)decline
E)growth

Question

Quizplus · Accepted Answer

Campy Soups is a newly established company, which means it is in the introduction phase of its life cycle. This phase is often characterized by high production costs, low profits, and slow sales growth as the company is still establishing itself in the market.

Campy Soups Is a Newly Established Company That Specializes in Preparing