The stages of the product life cycle are generally presented in the following order:
A)Introduction,growth,decline,maturity
B)Growth,maturity,decline,introduction
C)Introduction,decline,maturity,growth
D)Introduction,growth,maturity,decline
E)Decline,introduction,maturity,growth

Question

Quizplus · Accepted Answer

The correct order of the stages of the product life cycle is Introduction, Growth, Maturity, and Decline. In the Introduction stage, the product is launched and sales start to build up. In the Growth stage, sales increase rapidly as the product becomes more popular and gains wider distribution. In the Maturity stage, sales growth rate slows down as the market becomes saturated and the competition becomes more intense. In the Decline stage, sales start to decline due to various factors such as new technologies, changes in consumer preferences, or increasing competition. Therefore, option D is the best choice.

The Stages of the Product Life Cycle Are Generally Presented