True/False
Water Words Inc. is the leading supplier of waterproof textbooks. Wendi Storm, CEO of Water Words, is pleased to note that the company has experienced rapid growth in profits. However, she is a bit concerned because competition is increasing, as some other publishers are also starting to waterproof their texts. Wendi's observations suggest that her company's product is in the maturity stage of its product life cycle.
Correct Answer:

Verified
Correct Answer:
Verified
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