Question

in which stage of the product life cycle are expenses highest? group of answer choices growth introduction maturity decline

Answer 1

The answer is stage 4 of the Product Life Cycle – Stage of decline 1 product, 10 competitors, minimum profits, a huge amount of manpower and resources in use – A typical scenario that a product might face in its last stage. In this stage the expenditures begin to equal the profits or worse, expenses are more than profits.