Ella has watched several products grow through the product life cycle.She has witnessed:
A)market introduction,market adoption,market fatigue,and market decline.
B)early adopters,early majority,late majority,and laggards.
C)market introduction,market growth,market maturity,and market decline.
D)market adoption,market growth,market decline,and product drop off.
E)market introduction,market growth,market adoption,and market decline.

Question

Quizplus · Accepted Answer

Market introduction is the first stage where a new product is launched in the market, followed by market growth where the product gains more acceptance among consumers. As the product continues to mature, it reaches market maturity where sales start to plateau before eventually reaching market decline. Ella has witnessed the key stages of the product life cycle, making choice C the best answer.

Ella Has Watched Several Products Grow Through the Product Life