Most business industries are relatively stable, because significant industry changes take many years to implement.

Question

Quizplus · Accepted Answer

While some business industries may be relatively stable, significant industry changes can happen rapidly due to advancements in technology, changes in consumer behavior, and other factors. Examples include the disruption of the music industry by digital downloads and streaming services, and the transformation of the photography industry with the rise of smartphone cameras.

Most Business Industries Are Relatively Stable, Because Significant Industry Changes