While the industry for 3D televisions is in the introduction stage of the industry life cycle, the CRT (Cathode ray tube) television industry is in its decline stage.Which of the following statements will be true in this scenario?
A) The market size for 3D televisions is extremely large, while the market size for CRT televisions is moderate.
B) While product innovation will be at its maximum for the 3D television industry, process innovation will be more crucial for the CRT television industry.
C) The focus in the 3D television industry will be on cost-leadership, whereas in the CRT television industry, the focus will be on differentiation.
D) While the strategic objective of the CRT television industry will be achieving market acceptance, the strategic objective of the 3D television industry will be pursuing a harvest strategy.
Correct Answer:
Verified
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