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      Question

      Product modification is common in which stage of the

      Product Life Cycle?
      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 Launch Correct Answer Incorrect Answer

      Solution

      In the maturity stage, the market becomes saturated and competition is intense. To sustain sales, firms adopt product modification such as: тАв Feature improvement тАв Service enhancement тАв Packaging changes

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