When Toyota introduced hybrid cars, there were waiting lists to buy them. Then Honda and a few other manufacturers entered the market, shifting the product life cycle for hybrid cars into the ________ stage of the product life cycle.
A)introduction
B)leveling
C)maturity
D)growth
E)decline

Question

Quizplus · Accepted Answer

When Honda and other manufacturers entered the market, it indicated that hybrid cars were becoming more popular and widely accepted, which is characteristic of the growth stage in the product life cycle. This stage follows the introduction phase and is marked by a rapid increase in sales and the entrance of competitors.

When Toyota Introduced Hybrid Cars, There Were Waiting Lists to Buy