Which of the following statements about declining industries is true?
A) Not all segments of an industry typically decline at the same rate.
B) A declining industry should ideally use the leadership strategy when it does not have any strengths and the competition is low.
C) A divestment strategy is when a company in a declining industry tries to improve sales by improving product quality.
D) The greater the exit barriers of a declining industry, the lower the intensity of competition.
E) The intensity of competition is lower in declining industries that sell commodity-like products.
Correct Answer:
Verified
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