What is true of the transition from market growth to maturity?
A)often accompanied by a shakeout,during which weaker businesses fail
B)almost always followed by a period of competitive inertia
C)often begins after the product has been introduced
D)characterised by competitors underestimating future sales volume

Question

Quizplus · Accepted Answer

The transition from market growth to maturity is often accompanied by a shakeout, during which weaker businesses fail. This is due to increased competition and market saturation leading to a consolidation of market share among the stronger players in the market.

What Is True of the Transition from Market Growth to Maturity