A music school in India,specializes in teaching the guitar and the violin.After a spurt in growth and a few successful years,the school is experiencing a slowdown in sales and stability in its profits due to an increase in competition.The school is in the ________ stage of its life cycle.
A)introduction
B)growth
C)decline
D)maturity
E)obsolescence

Question

Quizplus · Accepted Answer

The school's successful years indicate that it has passed the introduction stage. The spurt in growth and initial success point towards the growth stage, but the current slowdown in sales and stability in profits indicate that it has reached the maturity stage. The school is still operating and not yet facing the possibility of closure or obsolescence, ruling out options C and E. Therefore, the best choice is D, maturity.

A Music School in India,specializes in Teaching the Guitar and the Violin.After