The more saturated an industry gets with competitors, the further along the life cycle it will probably be.

Name: The more saturated an industry gets with competitors, the further along the life cycle it will probably be.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

When an industry has a large number of competitors, it suggests that the market is mature and has already gone through the growth and expansion phases. This means that the industry is further along in its life cycle.

The More Saturated an Industry Gets with Competitors, the Further