According to the stages of the retail life cycle, which stage would be used to classification the stage where market shares rise gradually, although profits may be low because of start-up costs?

Question

Quizplus · Accepted Answer

The stage where market shares rise gradually and profits may be low because of start-up costs is the early growth stage, as the business is still establishing itself in the market.

According to the Stages of the Retail Life Cycle, Which