In what process do products pass through a series of stages from their initial appearance to their decline?
A) product life potential
B) promotional cycle
C) pricing cycle
D) product life cycle

Question

Quizplus · Accepted Answer

The correct answer is D) product life cycle, which describes the stages a product goes through from its introduction to the market, growth in market share, maturity, and eventually its decline or withdrawal from the market.

In What Process Do Products Pass Through a Series of Stages