In the embryonic stage of the industry life cycle, a company's investment needs and production costs are low.

Name: In the embryonic stage of the industry life cycle, a company's investment needs and production costs are low.
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Question

Quizplus · Accepted Answer

In the embryonic stage, a company typically faces high investment needs and production costs due to the development of new products and technologies, and the establishment of production processes.

In the Embryonic Stage of the Industry Life Cycle, a Company's