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Multiple Choice QuestionWhich stage immediately follows the introduction stage of the product life cycle?Multiple choice question.GrowthDeclineShoppingMaturity

Question

Multiple Choice Question

Which stage immediately follows the introduction stage of the product life cycle?

  • Growth
  • Decline
  • Shopping
  • Maturity
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Solution

1. Break Down the Problem

We need to identify the stage that comes immediately after the introduction stage in the product life cycle.

2. Relevant Concepts

The product life cycle is generally divided into four main stages:

  • Introduction
  • Growth
  • Maturity
  • Decline

3. Analysis and Detail

According to the product life cycle model:

  • The introduction stage is when a product is launched and sales start to grow slowly.
  • The growth stage follows as consumer acceptance increases, and sales begin to rise significantly.

4. Verify and Summarize

Since the product life cycle is a widely accepted model in marketing, we can confidently state that the growth stage is the one that follows the introduction stage.

Final Answer

The stage that immediately follows the introduction stage of the product life cycle is Growth.

This problem has been solved

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