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प्रश्न
In which stage of the product life cycle, sales continue to grow but at a decreasing rate?
पर्याय
Maturity stage
Decline stage
Growth stage
Introduction stage
उत्तर
Maturity stage
Explanation:
In the maturity stage of the product life cycle, sales continue to grow but at a slower, decreasing rate compared to the growth stage. This stage is characterized by market saturation, where most potential customers have already purchased the product, and competition becomes more intense. Companies often focus on differentiating their products and maintaining market share during this stage.
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संबंधित प्रश्न
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- Explain the stage of the Company's Product Life Cycle mentioned in the paragraph with the help of a diagram.
- Name the service to be offered by the Company in the next phase. Explain any two characteristics of Services.
- Suggest any two modern ways of marketing the concept of a product. Explain.
Mention the various stages of 'Product Life Cycle'.
Explain the maturity stage of the product life cycle.
Explain the strategies to be adopted during the introduction stage of Product Life Cycle.
Explain the second and third stage of product life cycle.
What is the product life cycle?
