Post has been manufacturing and marketing breakfast cereals for over one hundred years.It spends much of its marketing budgets on short-term promotions aimed at stealing market share from General Mills and other cereal manufacturers.From this information,you should know that cereals are in the _____ stage of their product life cycle.

Question

Quizplus · Accepted Answer

Cereals are in the maturity stage of their product life cycle, as indicated by the focus on short-term promotions to maintain or increase market share, which is typical in a mature market.

Post Has Been Manufacturing and Marketing Breakfast Cereals for Over