At which stage of the product life cycle will you find a growing number of product adopters, rapid growth in industry sales, and increases in the number of competitors and the number of available product versions?
A)innovation
B)introduction
C)maturity
D)early maturity
E)growth

Question

Quizplus · Accepted Answer

The characteristics mentioned in the question are typically associated with the growth stage of the product life cycle. This is when the product gains wider acceptance in the market, and sales and competition increase rapidly. Therefore, choice E - growth - is the best answer.

At Which Stage of the Product Life Cycle Will You