Once a product is launched by a firm,the firm's goal should be to move it through the _____ stage as quickly as possible.

Question

Quizplus · Accepted Answer

Once a product is launched, it enters the introductory stage where it needs to build awareness and generate interest among potential customers. The goal of the firm during this stage should be to move the product through this stage as quickly as possible and into the growth stage where sales can increase rapidly. Therefore, option D is the best choice.

Once a Product Is Launched by a Firm,the Firm's Goal