In which product life-cycle stage do product sales reach their maximum?

Question

Quizplus · Accepted Answer

Product sales reach their maximum in the maturity stage of the product life-cycle, where the product has already gained acceptance in the market and is being sold at its peak rate. In the growth stage, sales are still increasing, and introduction stage sales are still low due to limited customer awareness. In the decline stage, sales decrease due to market saturation, technology changes, or reduced customer interest.

In Which Product Life-Cycle Stage Do Product Sales Reach Their