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In the introduction stage of a product life cycle ______ is absent. - Commercial Applications

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प्रश्न

In the introduction stage of a product life cycle ______ is absent.

विकल्प

  • Production

  • Competition

  • Sales

  • Distribution

MCQ
रिक्त स्थान भरें

उत्तर

In the introduction stage of a product life cycle competition is absent.

Explanation:

During a product's initial phase, there is no competition. This is the phase in which the product makes its initial appearance on the market as it enters the growth stage.

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Understanding 4 ‘P’S– Product, Price, Place and Promotion.
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