A few efficient and strong firms in the laptop industry have remained and emerged successful from the shakeout stage.Which of the following stages of the industry life cycle will they move to next?

Question

Quizplus · Accepted Answer

Generally, the larger firms enjoying economies of scale are the ones that survived the shakeout phase as the industry consolidated and most excess capacity was removed. After the shakeout is completed and a few firms remain, the industry enters the maturity stage.

A Few Efficient and Strong Firms in the Laptop Industry