In the Market Growth Stage of the Product Life Cycle

question 84

Multiple Choice

In the market growth stage of the product life cycle:

• A) competing products become almost the same in the minds of potential consumers.
• B) distribution moves from intensive to selective.
• C) many competitors drop out of the market.
• D) total industry sales increase very slowly.
• E) total industry profits reach their peak and begin to decline.

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Definitions:

Prosocial Behaviors

Are positive, helpful, and intended to promote social acceptance and friendship.

Antisocial Comments

Remarks made in communication, particularly online, that are contrary to societal norms and can be harmful or disruptive to community engagement.

Common Concerns

Shared or mutual interests, issues, or problems among a group of people.

Universality

The quality of being universal; applicable or common to all persons, situations, or in the case of concepts, suggesting widespread relevance.