A product life cycle has five distinct stages: product development, introduction, growth, maturity, and .
A) progression
B) stabilization
C) rebranding
D) segmentation
E) decline

Question

Quizplus · Accepted Answer

The fifth stage of a product life cycle is decline, where sales and profits begin to fall as the product loses consumer interest or faces increased competition.

A Product Life Cycle Has Five Distinct Stages: Product Development