____ are rare and quickly disappearing.
A) Fast-cycle markets
B) Standard-cycle markets
C) Slow-cycle markets
D) Medium-cycle markets

Question

Quizplus · Accepted Answer

Slow-cycle markets are characterized by a stable environment, high entry barriers, and long-term strategic commitments. Examples include industries such as utilities, telecommunications, and aerospace. Due to the high entry barriers, these markets often have few competitors and can be monopolistic or oligopolistic. However, due to changes in technology, regulation, or consumer demand, even these markets can change rapidly. Therefore, slow-cycle markets are rare, and their disappearance is quickly accelerating.

____ Are Rare and Quickly Disappearing