During the ________ stage of the product life cycle sales reach a peak, profits are declining, and the number of competitors starts to decrease.
A) growth
B) maturity
C) saturation
D) decline

Question

Quizplus · Accepted Answer

During the maturity stage, sales reach their peak and start to decline, and profits may also start to decline. Additionally, as the market becomes saturated with competitors, some may start to exit the market, leading to a decrease in the number of competitors.

During the ________ Stage of the Product Life Cycle Sales