Which stage in the product life cycle is signalled by a long-run drop in sales?
A)laggard
B)saturation
C)deterioration
D)decline

Question

Quizplus · Accepted Answer

The long-run drop in sales is a key characteristic of the decline stage in the product life cycle. During this stage, the product is losing relevance and appeal to consumers, which leads to a decrease in demand and ultimately a drop in sales. The other options - laggard, saturation, and deterioration - do not necessarily involve a significant drop in sales as a defining characteristic.

Which Stage in the Product Life Cycle Is Signalled by a Long-Run