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:

Christian Beliefs

Core principles and teachings of Christianity, based on the life and teachings of Jesus Christ and recorded in the Bible.

Gender Roles

Socially and culturally defined behaviors, tasks, and responsibilities expected of individuals based on their perceived sex or gender.

Powerlessness

The lack of ability, strength, or capacity to influence, change, or control circumstances, often leading to a sense of vulnerability or dependency.

Skilled White Laborers

Refers to white workers in the 19th and early 20th centuries who possessed specific skills and crafts, distinguishing them from unskilled laborers.