360 degree cameras provide a complete view of any situation. However, the cost of these cameras is still quite expensive, and they are growing their share of the market very slowly. With low-sales volume, manufacturers are still not making a profit on the cameras, but they are optimistic sales will increase in the coming year and eventually start to show profits. 360 degree cameras are in the __________ stage of the product life cycle.
A) introduction
B) decline
C) growth
D) maturity

Question

Quizplus · Accepted Answer

360 degree cameras are in the introduction stage of the product life cycle, characterized by low sales, high costs, and lack of profitability, but with expectations of future growth.

360 Degree Cameras Provide a Complete View of Any Situation