The stage of the product life cycle in which a company usually do not generate profits from a new product is: C. introduction stage
A product simply refers to a tangible item (physical object) that is typically created by a producer or manufacturer, in order to satisfy and meet the unending demands, needs, or wants of its customer.
A product life cycle can be defined as the stages that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
In Economics, the four (4) sequential stages in the product life cycle including the following;
In conclusion, a company does not generate profits at the introduction stage of a product because these three things, customers, sales, and competitors are low.
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Complete Question:
In which stage of the product life cycle does a company usually not generate profits from a new product?
a. maturity stage
b. growth stage
c. introduction stage
d. cannibalization stage
e. decline stage
