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
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.
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