Which of the following describes the maturing stage in the product life cycle theory?
A) The demand and ability to produce the product grow in developed nations.
B) The product is commoditized.
C) The production of the product moves to low-cost developing nations.
D) The production of a product commanding a price premium will be concentrated in the lead innovation nation.

Question

Which of the following describes the maturing stage in the product life cycle theory? 
A) The demand and ability to produce the product grow in developed nations. 
B) The product is commoditized. 
C) The production of the product moves to low-cost developing nations. 
D) The production of a product commanding a price premium will be concentrated in the lead innovation nation.

Quizplus · Accepted Answer

In the maturing stage of the product life cycle, demand and production capabilities grow in developed nations as the product gains acceptance and market share.

Which of the Following Describes the Maturing Stage in the Product