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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Definitions:

mRNA

Messenger RNA, a type of RNA that conveys genetic information from DNA to the ribosome, where it specifies the amino acid sequence of the protein products of gene expression.

RNA Polymerase

An enzyme that synthesizes RNA from a DNA template during the process of transcription.

Transcription

The process by which the DNA sequence in a gene is copied into messenger RNA (mRNA).

DNA Polymerase

Enzyme that carries out DNA replication. Uses a DNA template to assemble a complementary strand of DNA.