Question

    Which stage of PLC has maximum competition?

    A Introduction Correct Answer Incorrect Answer
    B Growth Correct Answer Incorrect Answer
    C Maturity Correct Answer Incorrect Answer
    D Decline Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Detailed Concept Explanation In the Maturity stage of PLC:

    • Market becomes saturated
    • Maximum number of competitors exist
    • Price competition is intense
    Why other options are NOT correct
    • Introduction: Few competitors
    • Growth: Competition increasing but not maximum
    Decline: Competitors exit the market

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