Aggressive pricing is typical during the ____ stage of the product life cycle.
A) decline
B) growth
C) introduction
D) plateau
E) stabilization

Question

Quizplus · Accepted Answer

During the growth stage of the product life cycle, demand for the product increases, and competitors begin to enter the market. To maintain market share and attract new customers, companies often engage in aggressive pricing strategies, such as offering discounts or lowering prices below competitors.

Aggressive Pricing Is Typical During the ____ Stage of the Product