Question

Marissa, a product manager, thinks her company's InstaCup coffee maker is currently in the growth stage of the product life cycle. If so, the profits for the InstaCup coffee maker ___ and the number of competitors ____.

a. are negative; is growing
b. are increasing; is growing
c. are declining; is growing
d. have peaked; is declining
e. are declining; is declinin

Answer 1

The correct answer is ( b)

Step-by-step explanation:

The growth stage is the period during which the item in the long run and progressively gains acknowledgement among customers, the industry, and the more extensive overall population. During this stage, the item or the advancement gets acknowledged in the market, and accordingly deals and incomes begin to increment and so as the competition.