In the 1990s, DVDs replaced audiocassettes and floppy disks as the storage media of choice for music and computers. At which stage of the product life cycle is the DVD today?
A) Market introduction
B) Market growth
C) Market immaturity
D) Sales decline
E) Market extinction

Question

Quizplus · Accepted Answer

DVDs have been around for over 20 years and are no longer in the growth stage of the product life cycle. Instead, sales for DVDs have been declining due to the popularity of streaming services and other digital media.

In the 1990s, DVDs Replaced Audiocassettes and Floppy Disks as the Storage