As more firms enter an industry, intense _____ occurs, because the industry's established standards and proprietary rights no longer provide the exclusivity they once did.
A) employee growth
B) consumer adaptation
C) product differentiation
D) competition shakeout
E) financial breakthrough
Correct Answer:
Verified
Q1: During the differentiation stage of the industry
Q2: The industry in which an entrepreneur's new
Q3: In assessing the competition, the idea is
Q4: Industries remain static or stable over time.
Q6: In conducting an industry analysis, which of
Q7: The stages of the industry life cycle
Q8: Google, Wikipedia.com, journals, and trade magazines are
Q9: The _ period moves the industry from
Q10: For every industry, the life-cycle stages occur
Q11: A(n) _ is a grouping of businesses
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