That stage of the product lifecycle characterized by an increased availability of the product due to increasing strength of the competition and a saturated level of sales with further expansion difficult is the:
A) Introduction stage
B) Growth stage
C) Maturity stage
D) Decline stage

Question

Quizplus · Accepted Answer

The description given in the question specifically matches the characteristics of the maturity stage of the product lifecycle. As the competition increases and the market gets saturated, it becomes difficult to expand sales, and the product reaches a stable point. Therefore, option C, maturity stage, is the best choice.

That Stage of the Product Lifecycle Characterized by an Increased