Mature Industries Generally Adopt All of the Following Strategies and Tactics

question 74

Multiple Choice

Mature industries generally adopt all of the following strategies and tactics EXCEPT:

• A) protecting their competitive advantage.
• B) moderating the intensity of industry competition.
• C) preserving both company and industry profitability.
• D) deterring entry into an industry.
• E) increasing the level of rivalry within an industry.

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Definitions:

Management

Management entails the planning, organizing, leading, and controlling of a company's resources to achieve its goals and objectives.

Finance

The management of money and other assets, or the science of management of funds.

Financial Security

Financial security refers to the peace of mind felt when one is not worried about their income being sufficient to cover their expenses; it also pertains to the stability and predictability of future financial prospects.

Government Bond

A type of investment where you lend money to a government in exchange for an agreed rate of interest over a certain period of time.