Markets are similar to products with respect to life-cycle concepts.All of the following are considered to be stages that markets pass through in market evolution EXCEPT ________.
A) emergence
B) growth
C) decline
D) maturity
E) destruction

Question

Quizplus · Accepted Answer

Destruction is not considered to be one of the stages in market evolution. The four stages that markets typically pass through are emergence, growth, maturity, and decline.

Markets Are Similar to Products with Respect to Life-Cycle Concepts