Which of the Following Statements Is True Regarding the Maturity

question 30

Multiple Choice

Which of the following statements is true regarding the maturity stage of the product life cycle?

• A)It is characterized by the adoption of products by early adopters and early majority.
• B)Firms try to ride the sales trend and firmly establish a brand during this stage.
• C)It is characterized by rising sales, increasing profits, and few competitors.
• D)Most firms usually exit the market at this stage on account of low profit margins.
• E)It is characterized by increased marketing costs, low profits, and market saturation.

---

Definitions:

Mental Illnesses

A wide range of mental health conditions that affect mood, thinking, and behavior, often leading to distress and difficulty in functioning.

Nonverbal Abilities

cognitive skills that do not require the use of language, including understanding and interpreting gestures, facial expressions, and other nonverbal cues.

Culture-fair

Tests or assessments designed to be free of cultural bias, aiming to measure intelligence or other abilities in a manner equitable to all cultural groups.

Rotating Objects

The mental or physical action of spinning objects around a central axis, often studied in cognitive psychology to understand spatial perception and motor skills.