The stage of the Product Life Cycle where sales and profits drop and new products replace older generations is called .
A) market growth.
B) market introduction.
C) decline.
D) maturity.

Question

Quizplus · Accepted Answer

The decline stage is characterized by a decrease in sales and profits as consumers shift their preferences towards newer products, leading to the eventual end of the product's life cycle.

The Stage of the Product Life Cycle Where Sales and Profits