Question

The most likely promotion objective among companies in the Top 20 of sports spending is to inform and educate because they are in the _________ stage of the product life cycle. A) introduction B) skimming or penetration C) growth reminder oriented; D) maturity maximize outlets E) differentiation

Answer 1

The correct answer to the following question is option D) maturity maximize outlets .

Step-by-step explanation:

In the maturity stage of the product life cycle, there will be a decrease in the sales growth rate but ,not before the sales has reached its peak, because now the product is world renowned , most of the people have accepted the product and the ones who would have wanted to buy the product have bought it and in this stage competition would be high. Here a company would intensify its distribution and promotional activities .