Which of the following would lead to greater competition in the maturity stage of the PLC?
A)overcapacity
B)inadequate promotion
C)poor management
D)diminishing budgets
E)market pioneers

Question

Quizplus · Accepted Answer

Overcapacity in the maturity stage can lead to a situation where there is excess supply compared to demand, resulting in increased competition among firms to capture market share. This can lead to price-cutting and other competitive strategies to gain a larger share of the market. In contrast, inadequate promotion, poor management, and diminishing budgets are more likely to lead to a decline in sales and market share, rather than increased competition. Market pioneers may also face increased competition in the maturity stage, but this is not a guaranteed outcome and depends on the actions of their competitors.

Which of the Following Would Lead to Greater Competition in the Maturity