Changing the product's quality is a distinct alternative in the maturity stage of the product life cycle.

Question

Quizplus · Accepted Answer

Changes in product quality can help maintain or increase market share and profitability during the maturity stage. This may involve adding new features or improving existing ones, enhancing reliability or durability, or finding ways to lower production costs while maintaining quality standards. However, it's important to balance these changes with customer needs and preferences, as well as competitor actions and market trends.

Changing the Product's Quality Is a Distinct Alternative in the Maturity