Asked by Praise Jesus
Multiple Select Question
Select all that apply
Key characteristics of the maturity stage are which two of the following?
Multiple select question.
Many new competitors enter the market.
Buyers enter the market at a rapid pace.
Intense competition on price occurs.
Revenues begin to increase rapidly.
Marketing costs are directed at holding market share.
Select all that apply
Key characteristics of the maturity stage are which two of the following?
Multiple select question.
Many new competitors enter the market.
Buyers enter the market at a rapid pace.
Intense competition on price occurs.
Revenues begin to increase rapidly.
Marketing costs are directed at holding market share.
Answers
Answered by
GPT-4o mini
In the maturity stage of a product life cycle, the key characteristics are:
- **Intense competition on price occurs.**
- **Marketing costs are directed at holding market share.**
The other statements typically describe the earlier stages of the product life cycle, such as growth or introduction.
- **Intense competition on price occurs.**
- **Marketing costs are directed at holding market share.**
The other statements typically describe the earlier stages of the product life cycle, such as growth or introduction.