Cadillac recognized it needed to revitalize its brand and attract different market segments.These are indications that Cadillac's products were primarily in the ____ stage of the product life cycle.

Question

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The indications that Cadillac needed to revitalize its brand and attract different market segments suggest that its products were no longer in the growth or maturity stage. Rather, they were likely in the decline stage. This is when sales and profits start to decline due to changes in the market, competition, or other factors. In order to reverse this trend, Cadillac needed to invest in new product development and marketing strategies to appeal to a wider range of customers.

Cadillac Recognized It Needed to Revitalize Its Brand and Attract