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    Question

    Which strategy is most appropriate when a banking

    product reaches maturity stage?
    A Heavy advertising for awareness Correct Answer Incorrect Answer
    B Product differentiation Correct Answer Incorrect Answer
    C Market withdrawal Correct Answer Incorrect Answer
    D Cost elimination only Correct Answer Incorrect Answer
    E Skimming pricing Correct Answer Incorrect Answer

    Solution

    At maturity stage, competition is intense; differentiation helps sustain market share. Why Other Options Are Incorrect β€’ A: Introduction stage β€’ C: Decline stage β€’ D: Not sufficient β€’ E: Introduction strategy Banking Example: Adding cashback benefits to mature credit card product.

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