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    Question

    Which stage of the Product Life Cycle has the maximum

    number of competitors?
    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 is saturated, sales growth slows, and maximum competitors operate in the market.

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