In the growth stage of a product life cycle which of the following statements are applicable?
1. There is a rapid increase in sales.
2. Effects of repeat purchasing are seen.
3. Increased competitor activity is found.
4. Profits begin to rise.
5. Good product management is required.
A. 1, 2, 3, 4
B. 1, 3, 4, 5
C. 1, 2, 3, 4, 5
D. 1, 2, 3, 5
Answer: Option C
This Question Belongs to Commerce >> Marketing Management
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