High exit barriers pose the greatest threat to companies in the _________ stage of the industry life cycle.
A) embryonic
B) growth
C) maturity
D) fragmented
E) decline

Question

Quizplus · Accepted Answer

High exit barriers pose the greatest threat to companies in the decline stage of the industry life cycle because it becomes difficult for these companies to leave the industry despite decreasing profits, leading to increased competition and further diminishing returns.

High Exit Barriers Pose the Greatest Threat to Companies in the _________