A product in the _____ stage of the product life cycle typically experiences periods of rising sales and profits.
A) introduction
B) growth
C) maturity
D) decline

Question

Quizplus · Accepted Answer

The growth stage of the product life cycle is characterized by an increase in sales and profits as the product gains wider acceptance among customers. In this stage, companies typically invest heavily in advertising and promotion to make the most of the product's success.

A Product in the _____ Stage of the Product Life