While the domestic airline industry is in the maturity stage of the industry life cycle,the pet clothing industry is in its growth stage.Which of the following can be inferred from the given data?
A) Competitive intensity will be higher in the domestic airline industry than the pet clothing industry.
B) The pet clothing industry is ahead of the domestic airline industry in the industry life cycle.
C) While the domestic airline industry is free from excess capacity, the pet clothing industry will have new entrants.
D) The mode of competition will be price-based in the pet clothing industry and will be non-price-based in the domestic airline industry.
Correct Answer:
Verified
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