Which of the following is true about the introduction stage of the product life cycle?
A) Management considers pruning items from the product line to eliminate unprofitable ones
B) Marketing strategy typically encourages strong brand loyalty
C) Promotion costs climb and competitors cut prices to attract business
D) Many products never get beyond this stage

Question

Quizplus · Accepted Answer

Many products never get beyond the introduction stage due to factors like lack of market acceptance, insufficient demand, or inability to compete effectively.

Which of the Following Is True About the Introduction Stage