The management accountant at Iang Manufacturing Co.collected the following data in preparation for a life-cycle analysis on one of its products,a leaf blower:
The stage of the sales life cycle the product is determined to be:
A)Introduction.
B)Growth
C)Maturity.
D)Decline.
E)Withdrawal.

Question

The management accountant at Iang Manufacturing Co.collected the following data in preparation for a life-cycle analysis on one of its products,a leaf blower: 
The stage of the sales life cycle the product is determined to be:
A)Introduction. 
B)Growth 
C)Maturity. 
D)Decline. 
E)Withdrawal.

Quizplus · Accepted Answer

The data collected for life-cycle analysis indicates that the product is in the maturity stage. This stage is typically characterized by a stable level of sales, with relatively low growth rates. There may be intense competition among established firms, and companies may need to focus on reducing costs to maintain profitability. Overall, the maturity stage is a critical phase in the life cycle of a product, and companies must be vigilant to continue to meet customer needs and adapt to changing market conditions.

The Management Accountant at Iang Manufacturing Co