During which industry life cycle stage do firms experience low rates of return on capital and investors begin to seek alternative uses of capital?

Question

Quizplus · Accepted Answer

Low rates of return on capital and investors seeking alternative uses of capital typically occur during the deceleration of growth and decline stage of the industry life cycle, as the market becomes saturated and competition increases, leading to lower profitability and declining investment opportunities.

During Which Industry Life Cycle Stage Do Firms Experience Low