In which stage of the product life cycle are standards likely to be established?
A)Introduction
B)Growth
C)Maturity
D)Decline

Name: In which stage of the product life cycle are standards likely to be established? A)Introduction B)Growth C)Maturity D)Decline
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Competing formats may exist in the introduction stage of the PLC. However, in the growth stage one format or standard emerges. It is the establishment of a standard that helps the industry to grow.

In Which Stage of the Product Life Cycle Are Standards