A product enters the decline stage when products become obsolete due to technological innovation or changes in consumer needs.

Name: A product enters the decline stage when products become obsolete due to technological innovation or changes in consumer needs.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

The decline stage in the product life cycle occurs when a product becomes obsolete due to technological innovation or changes in consumer needs, resulting in a decline in sales and eventual discontinuation of the product.

A Product Enters the Decline Stage When Products Become Obsolete