Cell phones are an example of a product in the _____ stage.
A) growth
B) introductory
C) decline
D) maturity

Question

Quizplus · Accepted Answer

Cell phones have been around for decades and have reached a point of maturity in the market. This means that sales have plateaued and most people who need a cell phone likely already have one. The industry is focused on incremental improvements and upgrades rather than radical innovations.

Cell Phones Are an Example of a Product in the _____