Which of the Following Statements About Industry,industry Dynamics,and Industry Lifecycle

question 96

Multiple Choice

Which of the following statements about industry,industry dynamics,and industry lifecycle is true?

• A) Industry refers not only to your product or service,but also to all your competitors selling that product or service.
• B) The fortunes of industries do not move in predictable ways.
• C) Small firms avoid entering "hot" industries.
• D) If the industry is not growing there is no way to be successful as a start-up.

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