Question

The general mills fiber one​ brand, which launched in​ 1985, increased in sales at about​ 2% per year. in​ 2006, the category exploded with an increased focus on dietary fiber. if general mills sales started to decline and profit margins started to narrow after​ 2006's spike in​ sales, the 2006 peak in sales would be considered which stage of the​ life cycle

Answer 1

The 2006 peak in sales will be considered as THE MATURITY STAGE OF THE PRODUCT.
The life cycle of a product is divided into four different stages, which are introduction, growth, maturity and decline. The introduction stage refers to the time period when the product was newly introduced into the market, the growth period refers to the establishment of the product in the market while the maturity stage refers to the time when the product reaches its highest sales ever in the market. After this, the sales of the product decline in the market.

Answer 2

The first approximately two-thirds of Fiber-One's existence was its childhood growing pains. The year 2006 was its puberty and time of enormous growth. Now it is at a stage of adolescence and early adulthood, as the growth is more aligned with the increase in population, instead of health-food trends.