what is it called when most potential customers for a product already have something that satisfies that…

what is it called when most potential customers for a product already have something that satisfies that need or want?\nrapid growth\nbringing a product to market\nthe product life cycle\nmarket saturation\nquestion 2\nwhich stage in the product life cycle is it when product sales slow because of decreased negative growth?\nintroduction\ngrowth\nmaturity\ndecline

what is it called when most potential customers for a product already have something that satisfies that need or want?\nrapid growth\nbringing a product to market\nthe product life cycle\nmarket saturation\nquestion 2\nwhich stage in the product life cycle is it when product sales slow because of decreased negative growth?\nintroduction\ngrowth\nmaturity\ndecline

Answer

Brief Explanations:

Market saturation occurs when the market for a product is filled with existing products that meet customers' needs, leaving little room for new entrants. In the product - life cycle, the decline stage is characterized by a slow - down in sales due to decreased demand and negative growth.

Answer:

  1. D. market saturation
  2. D. decline