A product in the ________ stage faces intense competition on price.
A)introduction
B)growth
C)decline
D)development
E)maturity

Name: A product in the ________ stage faces intense competition on price. A)introduction B)growth C)decline D)development E)maturity
Brand: Quizplus
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Question

Quizplus · Accepted Answer

During the maturity stage, the product has achieved widespread acceptance and competition increases. This leads to increased competition on price as companies try to capture market share.

A Product in the ________ Stage Faces Intense Competition on Price