A(n)_____ is a life product life cycle stage where the product-market is actually fading away instead of experiencing a temporary fall or cyclical changes.
A) emerging product-market
B) maturing product-market
C) declining product-market
D) growing product-market

Question

Quizplus · Accepted Answer

A declining product-market is the stage in a product's life cycle where it is becoming less popular or profitable, and the market for the product is shrinking. This is the opposite of a growing product-market, where demand for the product is increasing. An emerging product-market refers to a new product that is just starting to gain traction, while a maturing product-market is a stable stage where the product has reached its peak in popularity and sales.

A(n)_____ Is a Life Product Life Cycle Stage Where the Product-Market