Exam L4M2 Topic 1 Question 292 Discussion

Actual exam question for CIPS's L4M2 exam
Question #: 292
Topic #: 1
At which stage of product life cycle, price competition between sellers will be the most intense?

Suggested Answer: D Vote an answer

The term product life cycle refers to the length of time a product is introduced to consumers into the market until it's removed from the shelves. The life cycle of a product is broken into four stages-introduction, growth, maturity, and decline.

Source: https://blueoceanoutsource.co.ke/the-product-life-cycle-concept/ At maturity stage, price competition sets in as more and more supply capacity has been added by new entrants, then the competition will be the most intense.
Reference:
LO 2, AC 2.2

by Jenny at Aug 03, 2026, 11:47 PM

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