Which of the following shows the correct sequence of the stages of a product life cycle?
A)growth,maturity,introduction,decline
B)introduction,growth,maturity,decline
C)introduction,maturity,growth,decline
D)growth,introduction,maturity,decline

Question

Quizplus · Accepted Answer

The correct sequence of the stages in a product life cycle is introduction, growth, maturity, and decline. The product is first introduced to the market, then experiences growth as it gains popularity and demand. It reaches maturity as the market becomes saturated, and eventually declines as it becomes obsolete or competitors offer better alternatives. Choice B shows the correct sequence in this order.

Which of the Following Shows the Correct Sequence of the Stages