After a couple of years of successful business, an experimental theatre company based in Aurora is unable to sell tickets for its theatre shows. They have been using profits from previous shows to run the business. The company is in the ________ phase of its life cycle.
A) maturity
B) obsolescence
C) introduction
D) growth
E) decline

Question

Quizplus · Accepted Answer

The company's inability to sell tickets indicates that it is losing popularity and relevance in the market, which is a clear indication of the decline phase.

After a Couple of Years of Successful Business, an Experimental