Conditions are most likely to be favorable for a differentiated defender business strategy during the _____ stage of the product life cycle.
A)introductory
B)early growth
C)decline
D)booming

Question

Quizplus · Accepted Answer

During the decline stage of the product life cycle, companies are likely to face increased competition, slowing sales, and declining profits. As a result, a differentiated defender strategy can help the company maintain market share by emphasizing unique features and benefits of its product or service. This can involve targeted marketing, innovation, and superior customer service to differentiate from competitors and retain loyal customers.

Conditions Are Most Likely to Be Favorable for a Differentiated