A new industry life cycle begins when
A) a very large gap in the market emerges.
B) another industry dies.
C) new knowledge manifests itself in the guise of a sufficiently radical product innovation.
D) there are sufficient entrepreneurs.
Correct Answer:
Verified
Q19: The industry life cycle consists of four
Q20: The duration of the industry life cycle
Q21: The text claims that two factors are
Q22: The essence of IBM's success in the
Q23: Firms entering a new industry who were
Q25: Regarding change, a firm really needs to
A)understand
Q26: The decline phase of the industry life
Q27: The basis of entering a new industry
Q28: The industry life cycle
A)is an extension of
Q29: A technical standard
A)only occurs in computing when
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