Change in the long-term industry growth rate has the potential to transform an industry's structure.

Name: Change in the long-term industry growth rate has the potential to transform an industry's structure.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A change in the long-term industry growth rate can lead to changes in demand, competition, and overall industry structure. It can affect the entry and exit of firms, pricing strategies, and innovation. Therefore, it has the potential to transform the industry's structure.

Change in the Long-Term Industry Growth Rate Has the Potential