To help differentiate a company's brand from competitors,an improved version is created,or new features are added to the original design,and product proliferation occurs in the __________ stage of the product life cycle.

Question

Quizplus · Accepted Answer

The growth stage of the product life cycle is characterized by increased competition and the need for companies to differentiate their brand from competitors. This often involves improving the product design, adding new features, and introducing product variations in order to appeal to a wider range of customers. Therefore, product proliferation typically occurs in the growth stage.

To Help Differentiate a Company's Brand from Competitors,an Improved Version