For every industry, the life-cycle stages occur at different times and vary in their duration.

Name: For every industry, the life-cycle stages occur at different times and vary in their duration.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Different industries evolve at varying paces and face unique challenges and opportunities, leading to differences in the timing and duration of their life-cycle stages (introduction, growth, maturity, and decline).

For Every Industry, the Life-Cycle Stages Occur at Different Times