๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      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

      Practice Next
      ask-question