The product life cycle below shows sales of a product over time.
What is Phase 3 called?
Select ONE answer:
- Growth
- Decline
- Maturity
- Introduction
Show the workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Business Studies KS4 & KS3 classes
The answer is 3
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