Dvds are an example of a product in the _______ stage. the demand for dvds has now been surpassed by the demand for blu-ray discs and online streaming of content. this stage is governed by the change in consumer tastes and the rate at which new products enter the market.

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cleo3559 cleo3559

21-06-2022
Business

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Dvds are an example of a product in the _______ stage. the demand for dvds has now been surpassed by the demand for blu-ray discs and online streaming of content. this stage is governed by the change in consumer tastes and the rate at which new products enter the market.

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ayokenny2001 ayokenny2001 · Answer 1 · 2022-07-01T17:46:35+02:00

Dvds are an example of a product in the decline stage in which the demand for dvds has now been surpassed by the demand for blu-ray discs and online streaming of content.

What is a product life cycle?

A product's life cycle refers to the process a product goes through right from its introduction to the market, until it declines or people stop buying it.

It is to be noted that no matter how amazing a product is, it must follow the product life cycle.

Learn more about a product life cycle here: https://brainly.com/question/14567370

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