A Cosmetics Company Had Launched a Product That Earned Good

Multiple Choice

A cosmetics company had launched a product that earned good revenues for the company.A recent market analysis shows intense competition for market share from a large number of competitors.The company decides to spend more on marketing the product to help it to retain its market share.In the context of the product life cycle, the product is currently in the:

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