Different products will stay in each stage of the life-cycle for different amounts of time.

Question

Quizplus · Accepted Answer

As products have different levels of demand and adoption rates among consumers, they will naturally progress through the stages of the life-cycle at different speeds. Some products may remain in the introduction or growth stage for many years, while others may quickly move through these stages and reach the maturity or decline stage in a short period of time.

Different Products Will Stay in Each Stage of the Life-Cycle