Which of the following are strategies for growth stage of product life cycle?
1. Price cuts to attract price sensitive customers.
2. Enter new markets.
3. Abandon weaker product.
4. Increase advertising and sales promotion.
Select the correct answer using the options given below
A. Both 1 and 2
B. Both 3 and 4
C. 1, 2 and 3
D. All of the above
Answer: Option A
This Question Belongs to Commerce >> Marketing Management
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