Consider the following statements related to different stages of PLC and...

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Consider the following statements related to different stages of PLC and choose the correct answer:

a. Introduction 1. A period of slow sales growth and low profit

b. Introduction 2. A period of slow sales growth and non-existent profit

c. Growth 3. A period of rapid market acceptance and substantial profit improvement

d. Growth 4. A period of rapid market acceptance and slow profit improvement

e. Decline 5. Sates show a downward drift and profits stabilise

f. Decline 6. Sales show a downward drift and profits erode

A. 1, 3 and 6

B. 2, 3 and 6

C. 1, 4 and 6

D. 2, 4 and 5

Answer: Option B

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a. Introduction	1. A period of slow sales growth and low profit
b. Introduction	2. A period of slow sales growth and non-existent profit
c. Growth	3. A period of rapid market acceptance and substantial profit improvement
d. Growth	4. A period of rapid market acceptance and slow profit improvement
e. Decline	5. Sates show a downward drift and profits stabilise
f. Decline	6. Sales show a downward drift and profits erode