To help differentiate a company's brand from competitors, an improved version is created or new features are added to the original design, and product proliferation occurs in the __________ stage of the product life cycle.

Question

Quizplus · Accepted Answer

Product proliferation occurs during the growth stage of the product life cycle, as companies strive to differentiate their brand and expand their market share. During this stage, the product is gaining popularity and sales are increasing, creating an opportunity for companies to introduce new versions or features to satisfy changing customer preferences and stay ahead of competitors.

To Help Differentiate a Company's Brand from Competitors, an Improved