During the ________ stage of the product life cycle, sales peak and profits begin to decline as competition becomes intense.

A) introduction
B) leveling
C) maturity
D) growth
E) decline

Sales Peak

The highest point or period of maximum sales for a product or service, often influenced by factors such as seasonality, marketing efforts, or consumer trends.

Product Life Cycle

An idea that outlines the various phases a product experiences, from its initial launch, through its development and peak, to its eventual decrease in popularity in the marketplace.

Profits Decline

A decrease in the net earnings of a company over a specific period compared to previous periods, often reflecting challenges in operations or sales.