What is the process that products go through as they pass through their introduction, growth, maturity, and decline stages?
A) marketing mix
B) marketing cycle
C) product mix cycle
D) product life cycle

Question

Quizplus · Accepted Answer

The process that products go through as they pass through their introduction, growth, maturity, and decline stages is called the product life cycle. This cycle includes the stages of development, introduction, growth, maturity, and decline, and each stage requires a different marketing strategy to reach its target audience effectively. Understanding the product life cycle can help businesses make strategic decisions about pricing, promotion, and distribution.

What Is the Process That Products Go Through as They