For a Past Few Months H&S Products Has Been Involved

Multiple Choice

For a past few months H&S Products has been involved in intensive price competition with its competitors for one of its products.A shift in consumer preferences is resulting in a decrease in sales.Profits are low and market researchers are concerned that losses will soon occur due to a decrease in the size of the market for the product.This product appears to have reached the _____ stage of the product lifecycle.

A) introductory
B) maturity
C) decline
D) growth