Multiple choice

Which of the following is true for growth phase in a PLC?

  1. It is a phase which does not have higher sales<o:p></o:p>

  2. Companies do not need to spend substantially on production and marketing<o:p></o:p>

  3. Profit might decline at later stage<o:p></o:p>

  4. Availability of resources is not a big factor<o:p></o:p>
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Profits decline at later stage in case of growth phase.Hence, it is the right answer.

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