In the Start-Up Stage of the Industry Life Cycle

question 43

Multiple Choice

In the start-up stage of the industry life cycle,

• A)it is difficult to predict which firms will succeed and which firms will fail.
• B)industry growth is very rapid.
• C)firms pay a high level of dividends.
• D)it is difficult to predict which firms will succeed and which firms will fail, and industry growth is very rapid.

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