Which of the Following Is a Drawback of Using the Industry

question 64

Multiple Choice

Which of the following is a drawback of using the industry life cycle as a framework to guide strategic choice?

• A) The framework believes that the life cycle of industries is unpredictable.
• B) The framework does not explain everything about changes in industries.
• C) The framework is based on the tenet that industries can be rejuvenated even in the declining stage.
• D) The framework believes that the number and size of competitors remain constant throughout the life cycle.

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Definitions:

Congruent Communication

A form of communication in which the verbal and non-verbal elements match, reflecting honesty and authenticity.

Schizophrenia

A severe mental disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

Genuineness

The quality of being open, honest, and sincere in one’s interactions, characterized by a real and tangible expression of one’s feelings and thoughts.

Orientation Stage

The initial phase in a process or relationship where individuals get familiar with tasks, environments, or each other.