A New Product Launched by a Company Is Showing a Rise

Multiple Choice

A new product launched by a company is showing a rise in sales and a rapid rise in profits, and is being purchased by a group of early adopters and early majority buyers.In the context of the product life cycle, the product is in the:

A) introduction stage.
B) growth stage.
C) decline stage.
D) maturity stage.
E) initiation stage.