During the ___________ stage of the product life cycle,firms either position themselves for a niche market of loyal consumers or they exit the market.
A) introduction
B) leveling
C) maturity
D) growth
E) decline

Question

Quizplus · Accepted Answer

During the decline stage of the product life cycle, sales decrease, and firms must decide whether to continue competing in a niche market or exit the market altogether.

During the ___________ Stage of the Product Life Cycle,firms Either