In 2006, Dexel Electronics Inc. introduced audio systems in the market for electronic gadgets.

In 2006, Dexel Electronics Inc. introduced audio systems in the market for electronic gadgets.

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In 2006, Dexel Electronics Inc. introduced audio systems in the market for electronic gadgets. Because of an increase in sales volume as well as a growing proportion of repeat purchasers, the company has now upgraded the old version of audio systems by introducing new features. Given this information, in which stage of the product life cycle does Dexel Electronics lie?

Introduction
Maturity
Decline
Growth
 
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