During __________ stage of the product life cycle there are few but an increasing number of competitors.
A) Growth
B) Introduction
C) Maturity
D) Decline
E) Innovation

Question

Quizplus · Accepted Answer

During the Growth stage, the product is gaining acceptance and popularity among customers, leading to an increase in demand. As a result, there are few but an increasing number of competitors entering the market to capitalize on the growing demand.

During __________ Stage of the Product Life Cycle There Are