The stage in an industry's growth cycle in which product acceptance is spreading, investors can foresee the industry's future, and overall economic variables have little to do with the industry's overall performance, is known as the
A) stability or decline stage.
B) initial development stage.
C) mature growth stage.
D) rapid expansion stage.

Question

Quizplus · Accepted Answer

The rapid expansion stage is characterized by widespread product acceptance, predictable industry future, and minimal impact from overall economic variables.

The Stage in an Industry's Growth Cycle in Which Product