A product's benefits are identified and emphasized to develop a competitive niche in the introduction stage of a product's life cycle.

Question

Quizplus · Accepted Answer

In the introduction stage of a product's life cycle, the focus is typically on building awareness and introducing the product to the market, rather than on identifying and emphasizing a competitive niche, which often happens as the product moves into the growth stage.

A Product's Benefits Are Identified and Emphasized to Develop a Competitive