A new start-up recently finished prototyping their virtual reality glasses, and they are now available at select retailers across the country. What stage of the product life cycle are these glasses in?

Question

Quizplus · Accepted Answer

The product is in the introduction stage because it has just been launched and is available at select retailers, but it has not yet entered a phase of growth or widespread commercialization.

A New Start-Up Recently Finished Prototyping Their Virtual Reality Glasses