A product in the __________ stage of the product life cycle has a high number of competitors and competitive products.
A) introduction
B) growth
C) decline
D) development
E) maturity

Question

Quizplus · Accepted Answer

In the maturity stage, the product has been on the market for a while and has become well-known. As a result, there are usually many competitors offering similar products in order to gain market share.

A Product in the __________ Stage of the Product Life