During the sales decline stage of the product life cycle, no firm can earn a profit.

Name: During the sales decline stage of the product life cycle, no firm can earn a profit.
Brand: Quizplus
Rating: 4.8 (23 reviews)

Question

Quizplus · Accepted Answer

While it may become more difficult to earn a profit during the sales decline stage, it is not impossible. Companies can still employ strategies such as cost-cutting, increasing prices, or targeting niche markets to stay profitable.

During the Sales Decline Stage of the Product Life Cycle