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In which of the following stages of the product life cycle do sales peak Mcq?Maturity Stage: During the maturity stage of the product life cycle, the sharp growth in sales begins to slow, and profits at the beginning of this stage decline. The most notable characteristic of this stage is the peaking of the product's sales and profit curves.
Which of the following is are product life cycle extension strategies Mcq?Which of the following is/are product life cycle extension strategies? Market development.
In which stage of the product life cycle is advertising and promotion are aimed at retaining customers and persuading customers to switch from competitor products?In which stage of the product life cycle is advertising and promotion aimed at retaining existing customers and persuading customers to switch from competitor products? Introduction.
In which stage of the product life cycle is advertising and promotion?Introduction: When the product is brought into the market. In this stage, there's heavy marketing activity, product promotion and the product is put into limited outlets in a few channels for distribution. Sales take off slowly in this stage.
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