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    Question

    Which stage of Product Life Cycle may require cost

    reduction to maintain profitability?
    A Introduction Correct Answer Incorrect Answer
    B Growth Correct Answer Incorrect Answer
    C Maturity Correct Answer Incorrect Answer
    D Expansion Correct Answer Incorrect Answer
    E Innovation Correct Answer Incorrect Answer

    Solution

    During maturity, margins shrink due to competition; cost control becomes essential. Why Other Options Are Incorrect • A: Heavy investment stage. • B: Rising profits. • D, E: Not formal PLC stages. Banking Example: Reducing operational cost of mature deposit product.

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