Figure 13-5

-According to Figure 13-5,C represents which stage of the retail life cycle?

Question

Figure 13-5

-According to Figure 13-5,C represents which stage of the retail life cycle?

Quizplus · Accepted Answer

Figure 13-5 shows a typical retail life cycle which includes stages of introduction, growth, acceleration, maturity, and decline. C represents the stage of accelerated development where sales and profits are rapidly increasing. The subsequent stage is maturity where sales growth stabilizes and profits peak. Therefore, the best choice is D, maturity.

Figure 13-5 -According to Figure 13-5,C Represents Which Stage of the Retail