As the Industry Life Cycle Progresses, Overall Strategies Need to

question 20

Multiple Choice

As the industry life cycle progresses, overall strategies need to

• A)stay steady and not waver; don't change anything.
• B)change in every major aspect e.g., product evolution, the nature of competition.
• C)primarily focus on cost-cutting.
• D)none of the above.

---

Definitions:

Future

The time or period that comes after the present, which has yet to occur and is unknown or uncertain.

Presenteeism

The act of attending work while sick, resulting in reduced productivity and potentially prolonging illness.

Attending Work

The act of being physically present and engaged in the workplace environment as required by one's employment obligations.

Stressed

The feeling of being overwhelmed or unable to cope with mental or emotional pressure.