Multiple Choice
Which of the following is a characteristic of the growth stage of the product life cycle?
A) a switch to primary demand
B) a growing proportion of repeat purchasers to initial purchasers
C) The number of distribution outlets shrinks due to growing inefficiencies.
D) Profit margins increase as sales increase.
E) No new product features are added to maximize profits.
Correct Answer:
Verified
Correct Answer:
Verified
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