________ is a period of rapid market acceptance and substantial profit improvement.
A) Stagnancy
B) Introduction
C) Maturity
D) Decline
E) Growth

Question

Quizplus · Accepted Answer

The period of rapid market acceptance and substantial profit improvement is known as the growth stage. During this stage, sales increase rapidly as more and more customers become aware of and interested in the product. Profit margins also typically improve during this stage as businesses take advantage of economies of scale and marketing efforts become more efficient.

________ Is a Period of Rapid Market Acceptance and Substantial