Asked by Sichen Zhang on Jul 01, 2024
Verified
Some products may stay comfortably in the maturity phase of the product life cycle until a new product emerges to replace them. An example of such a mature product is
A) e-books.
B) dishwashers.
C) the VCR.
D) smartphones.
E) vinyl records.
Maturity Phase
A stage in the product life cycle where sales growth slows or levels off, and the product is widely accepted in the market.
Product Life Cycle
The series of stages a product goes through from introduction to growth, maturity, and decline in the market.
- Understand the concept of the product life cycle and its stages: introduction, growth, maturity, and decline.
Verified Answer
ZK
Zybrea KnightJul 08, 2024
Final Answer :
B
Explanation :
Dishwashers are a household appliance that has been around for many years and has remained relatively unchanged. While there may be advancements in technology, such as more energy-efficient models, the basic function and design of the dishwasher have remained consistent, indicating that it is likely in the maturity phase of its product life cycle.
Learning Objectives
- Understand the concept of the product life cycle and its stages: introduction, growth, maturity, and decline.
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