Which of the following is NOT true about the product life cycle?
A)At the maturity stage, companies experience a high number of competitors and competitive products
B)There is a low competition at the decline stage.
C)Innovators and early adopters are typical consumers for the growth stage
D)Company's sale is low at the introduction stage.
E)The sales is at the peak at the maturity stage.

Question

Quizplus · Accepted Answer

Innovators and early adopters are typical consumers for the introduction stage, not the growth stage. During the growth stage, the product begins to attract a broader audience beyond innovators and early adopters.

Which of the Following Is NOT True About the Product