GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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first stage of the product life cycle
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start
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introduction
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beginning
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growth
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Explanation:
Detailed explanation-1: -The first stage in the product life cycle is development. This is where your market research journey begins. Before your product hits the marketplace, you will be refining your concept, testing your product, and creating a launch strategy. Concept testing with real potential users is an important part of this step.
Detailed explanation-2: -The introduction stage of a product’s life cycle is the time to build awareness of your product or service in certain markets.
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