Which stage of the product life cycle is the largest profit stage for companies?
A) Market introduction
B) Market maturity
C) Stagnation
D) Sales decline
E) Market growth

Name: Which stage of the product life cycle is the largest profit stage for companies? A) Market introduction B) Market maturity C) Stagnation D) Sales decline E) Market growth
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Question

Quizplus · Accepted Answer

In the market growth stage, the innovator begins to make big profits as more and more customers buy. This is the time of biggest profits for the industry.

Which Stage of the Product Life Cycle Is the Largest