Solved

Which of the Following Statements About Declining Industries Is True

Question 70

Multiple Choice

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents