In this stage of the industry life cycle the business is very large, very bureaucratic, and top-management heavy.

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This stage of the industry life cycle is maturity, where the business has already grown to a significant size and has become more structured and top-down in its approach. The focus is on maintaining profitability and market share rather than rapid growth, hence the increased bureaucracy and top-management presence.

In This Stage of the Industry Life Cycle the Business