There is much discussion about saturation of fast-food franchises and the need for unconventional locations (such as schools,zoos,or U.S.naval bases)in the United States.This illustrates which retail life cycle stage?
A)introduction
B)accelerated development
C)maturity
D)decline

Question

Quizplus · Accepted Answer

The saturation of fast-food franchises and the need for unconventional locations indicate that the market for fast-food franchises has reached a maturity stage in the retail life cycle. This means that the market is already established and there is a high level of competition, causing brands to look for new and unconventional locations to maintain their market share. This stage is characterized by slower growth rates, strong competition, and a focus on efficiency and cost-cutting measures.

There Is Much Discussion About Saturation of Fast-Food Franchises and the Need