During the growth stage,revenues increase at an accelerating rate because new consumers are trying the product and
A) product differentiation is more difficult HYPERLINK ""
B) products become regarded as rare or unique.
C) there are infrequent purchases.
D) a growing number of satisfied customers are making repeat purchases.

Question

Quizplus · Accepted Answer

During the growth stage, revenues increase at an accelerating rate because a growing number of satisfied customers are making repeat purchases. This is because the product/service has gained traction and customers have experienced its benefits, leading to increased loyalty and repeat purchases. Product differentiation may still be important, but it is not the main driver of revenue growth during this stage. Products becoming rare or unique and infrequent purchases are also unlikely to be key drivers of revenue growth during the growth stage.

During the Growth Stage,revenues Increase at an Accelerating Rate Because