E-readers were introduced a few years ago with great success. Additional companies have entered the market, and sales have continued steadily. E-readers are an example of a product in the ______ stage of the product life cycle.
A) growth
B) introduction
C) maturity
D) decline

Question

Quizplus · Accepted Answer

E-readers have been on the market for a few years and sales have continued steadily, indicating growth in demand for the product. Therefore, e-readers are in the growth stage of the product life cycle.

E-Readers Were Introduced a Few Years Ago with Great Success