Bottled water likely fits into the ________ stage of the industry lifecycle model.
A)introduction
B)growth
C)maturity
D)decline

Question

Quizplus · Accepted Answer

Bottled water is currently in the maturity stage of the industry lifecycle model. The market for bottled water has become saturated and growth has slowed down. The industry is focused on maintaining its current market share and profitability through branding and marketing.

Bottled Water Likely Fits into the ________ Stage of the Industry