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    Question

    Which stage of Product Life Cycle is characterized by

    stable sales and intense 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 Innovation Correct Answer Incorrect Answer

    Solution

    Maturity stage shows stable sales, price competition, and high rivalry. Why Other Options Are Incorrect • A: Slow growth. • B: Rapid increase in sales. • D: Falling sales. • E: Not PLC stage. Banking Example: Savings accounts market in urban India.

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