Life cycle cost

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August 2, 2018 at 3:42 am #465661
maylynn
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Hello sir,
please may i know about …
Which stage of the product life cycle do the following characteristics refer to?
-new competitors
-customer feedback received
-new distribution outlets being found
-product quality improvement made
A.Growth
B.Decline
C.Maturity
D.Introduction
Answer is C.Whether C is correct or not.If false little explain for me.
Hoping …
August 2, 2018 at 8:48 am #465714
John Moffat
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The answer is C. It is in the maturity phase that new competitors will appear and that they will try and improve the quality and find new markets in order to maintain the profitability.
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