In the growth stage of the product life cycle, competition: a. spurs major price cuts that dramatically cut into profits. b. becomes well-established, with many weaker firms already leaving the market. c. is virtually nonexistent. d. begins as firms introduce their own versions of the product.
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Home » Business » In the growth stage of the product life cycle, competition: a. spurs major price cuts that dramatically cut into profits. b. becomes well-established, with many weaker firms already leaving the market. c. is virtually nonexistent. d.