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Market researchers at Fey Brothers Ltd. analyze and conclude that the company's product is experiencing a slowdown in both sales and profits. The researchers cite
Market researchers at Fey Brothers Ltd. analyze and conclude that the company's product is experiencing a slowdown in both sales and profits. The researchers cite well-established competitors and fewer new consumers in the market as the main reasons. At which stage of the product life cycle is the company's product?
A.growth stage
B.maturity stage
C.introduction stage
D.decline stage
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