In the ________ stage of the industry life cycle,the emphasis on product design is very high,the intensity of competition is low,and the market growth rate is low.
A) growth
B) maturity
C) introduction
D) decline

Question

Quizplus · Accepted Answer

In the introduction stage, products are unfamiliar to consumers. Market segments are not well-defined, and product features are not clearly specified. The early development of an industry typically involves low sales growth, rapid technological change, operating losses, and the need for strong sources of cash to finance operations. Since there are few players and not much growth, competition tends to be limited.

In the ________ Stage of the Industry Life Cycle,the Emphasis