During the _____ stage of the product life cycle, both sales and profits rise, numerous competitors enter the market, and sellers use promotional programs to stimulate demand for their brands.
A) introduction
B) stability
C) adoption
D) pioneering
E) growth

Question

Quizplus · Accepted Answer

During the growth stage of the product life cycle, sales and profits typically increase, competition becomes more intense as new players enter the market, and companies often engage in promotional activities to differentiate their products and attract customers.

During the _____ Stage of the Product Life Cycle, Both