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:

Brachial Plexus

A network of nerve fibers that run from the spine, through the neck, to the arm, and to the hand, controlling muscle movements and sensation.

Axillary

Pertaining to the armpit area, including structures located within or related to the armpit, such as the axillary artery, vein, and lymph nodes.

Median

The middle value or number in a set of data when it is ordered in ascending or descending order.

Radial

relates to the radius bone or the radial artery, often referring to structures extending like a radius from a center.