Question

    Which of the following is not one of the stages in product life cycle?

    A Market Introduction Correct Answer Incorrect Answer
    B Market Growth Correct Answer Incorrect Answer
    C Market Difference Correct Answer Incorrect Answer
    D Market Maturity Correct Answer Incorrect Answer
    E Market Decline Correct Answer Incorrect Answer

    Solution

    The product life cycle involves the stages through which a product goes from the time it is introduced in the market till it leaves the market. A product life cycle consists of four stages: introduction, growth, maturity, and decline.

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