During the maturity stage of the product life cycle,marginal competitors start dropping out of the market.

Name: During the maturity stage of the product life cycle,marginal competitors start dropping out of the market.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

During the maturity stage, the competition becomes more intense and only strong competitors with efficient operations can survive. Marginal competitors who cannot compete on cost, quality or differentiation are likely to drop out of the market.

During the Maturity Stage of the Product Life Cycle,marginal Competitors