The typical cause of the Decline phase in an industry is
A) technological substitution e.g., the horse and cart replaced by the car.
B) local regional decline due to low-cost foreign competition.
C) changing consumer tastes e.g., tobacco.
D) any of the above.
Correct Answer:
Verified
Q40: A dominant design is
A)one which has won
Q41: The key success factor for firms surviving
Q42: The Decline phase of the industry life
Q43: To succeed as a leading player in
Q44: To survive going into the Maturity phase
Q46: The key success factor for leading firms
Q47: To survive the Growth phase profitably, a
Q48: Tools of strategic change include creating a
Q49: Often, to succeed in the evolution from
Q50: The key success factor in the Introduction
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