Which of the Following Is NOT True About the Decline

question 85

Multiple Choice

Which of the following is NOT true about the decline stage of an industry life cycle?

• A) Inefficient firms exit the industry.
• B) "Laggards" are the last consumer segment to enter the market.
• C) Firms that consolidate and buy their rivals are typically at a disadvantage.
• D) There is generally excess industry capacity.

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