Rapid growth in sales volume tends to occur at which stage of the product-service life cycle?
A) Growth
B) Introduction
C) Decline
D) Maturity

Question

Quizplus · Accepted Answer

During the growth stage of the product-service life cycle, sales volume tends to rapidly increase. This is because the product or service is gaining popularity among customers and experiencing heightened demand. As a result, companies often invest heavily in marketing and production during this stage to meet increasing demand and generate more sales.

Rapid Growth in Sales Volume Tends to Occur at Which