Stage 2 of the Industry Life Cycle Is Characterized by All

question 65

Multiple Choice

Stage 2 of the industry life cycle is characterized by all of the following EXCEPT:

• A)there is little demand for the company's products and services.
• B)the firm's revenue tends to grow rapidly.
• C)positive profits begin to materialize.
• D)private firms begin to "go public."

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Definitions:

Paralegal Advanced Competency Exam

A certification exam designed to assess the knowledge and skills of experienced paralegals for advanced competency in their profession.

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The National Association of Legal Assistants, a professional organization for paralegals in the United States.

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An organization focused on creating codes and standards for fire safety and prevention; also known as the National Fire Protection Association.

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The American Association for Paralegal Education, a national organization representing paralegal educators and programs.