In the Decline Stage of the Industry Life Cycle

question 37

Multiple Choice

In the decline stage of the industry life cycle,

• A) the product may have reached obsolescence.
• B) the industry will grow at a rate less than the overall economy.
• C) the industry may experience negative growth.
• D) the product may have reached obsolescence, and the industry will grow at a rate less than the overall economy.
• E) the product may have reached obsolescence, the industry will grow at a rate less than the overall economy, and the industry may experience negative growth.

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Definitions:

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Message Dialog Box

A small window that appears in a computer interface to provide information to the user or request input.