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Commerce · Q979

Marketing Management

Graduate and Post Graduate · Commerce · question 979

Q979

Technological advances, shifts in consumer tastes, and increased competition, all of which reduce demand for a product, are typical of which stage in the PLC?

A.
Decline stage
Answer
B.
Introduction stage
C.
Growth stage
D.
Maturity stage

Answer: Option A

Solution

Answer: Option A
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