Question

The SoundBoy was a portable radio targeted toward children in the 1970s. It came in different colors and shapes and was one of the most popular products in its time. Portable radios have slowly been replaced by smartphones, tablets and other gadgets. From the above scenario, it can be stated that the SoundBoy is currently in the _____ stage of the product life cycle.

Answer 1

Step-by-step explanation:

The decline stage of the product life cycle is the one where the product ultimately becomes obsolete or dies due to the low or negative growth rate in sales .

Decline Stage: The decline stage of the product life cycle is the terminal stage where sales drop and production is ultimately halted.

As a number of companies start to dominate the market, it becomes increasingly difficult for the company in question to maintain its level. As new technologies emerge making the product become ultimately obsolete as in the case of(The SoundBoy) portable radios and now smart phones, tablets and other gadgets.

Answer 2

decline

Step-by-step explanation:

Based on the information provided within the question it can be said that in this scenario the SoundBoy seems to currently be in the decline stage of the product life cycle. This stage is characterized by as being the "dying off" stage where sales begin to drop and production of the product is ultimately stopped. Revenue will continue to fall to the point that the product is completely discontinued.