If a company is eliminating certain models of a product and cutting back on expenditures,the product is most likely in the _____ stage of the product life cycle.
A)growth
B)intermediate
C)introductory
D)decline
E)maturity

Question

Quizplus · Accepted Answer

When a company is eliminating certain models of a product and cutting back on expenditures, it indicates that the product is in the decline stage of the product life cycle. This stage is characterized by a decrease in sales and profits, leading companies to reduce costs and possibly phase out products.

If a Company Is Eliminating Certain Models of a Product