After Successfully Selling a Patented Cookware Product for Two Years,the

Multiple Choice

After successfully selling a patented cookware product for two years,the Selzon Company has learned that several competitors with slight variations of this product have emerged in the market place. This particular cookware item is likely in what stage of the product cycle?

A) New product
B) Maturing product
C) Standardized product
D) Innovating
E) Decline