The __________ is associated with the later portion of the export monopoly (A-B) and the start of foreign production ©
A) new-product stage
B) growth stage
C) maturity stage
D) decline stage

Question

Quizplus · Accepted Answer

According to the stages of the product life cycle, the growth stage is associated with the later portion of the export monopoly (A-B) and the start of foreign production ©. This is the period when the product is gaining acceptance in the market, sales are increasing, and the company is expanding production capacity to meet demand. Thus, the best choice is B.

The __________ Is Associated with the Later Portion of the Export