explain the maturity stage and abandonment stage of product life cycle.
Answers
Answered by
3
Answer:
(i) Maturity Stage : In maturity stage prices of the product fall and profits also fall due to high competitive pressures. ... (ii) Abandonment Stage : This is the final stage of the product life cycle. In this stage, the firm abandons the product in order to make better use of its resources.
Answered by
5
Answer:
✌❣✨ I HOPE HELP YOU ✨❣✌
Explanation:
• (i) Maturity Stage : In maturity stage prices of the product fall and profits also fall due to high competitive pressures. ...
• (ii) Abandonment Stage : This is the final stage of the product life cycle. In this stage, the firm abandons the product in order to make better use of its resources.
✌❣✨ KEEP SMILING ✨❣✌
Attachments:
Similar questions