Fast-food restaurants, like McDonald's, are in the _____ stage of their product life cycle. Further evidence of this is McDonald's decision to open restaurants inside Wal-Mart stores.

Question

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Fast-food restaurants like McDonald's are in the maturity stage of their product life cycle, indicated by their widespread market presence and strategies to maintain market share, such as opening restaurants in high-traffic locations like Wal-Mart stores.

Fast-Food Restaurants, Like McDonald's, Are in the _____ Stage of Their