________ is the product life cycle period when sales fall off and profits drop.
A) Maturity
B) Decline
C) Development
D) Divestment
E) Leveling

Question

Quizplus · Accepted Answer

During the decline stage of the product life cycle, sales start to fall off and profits drop due to various factors such as increased competition, changing consumer preferences, and new technologies. The decline stage marks the end of a product's life cycle and usually leads to either divestment or revitalization efforts.

________ Is the Product Life Cycle Period When Sales Fall