The compact disk (CD)industry is in the maturity phase of its industry life cycle.What conditions prevail for an industry in this stage?
A) The type of buyers at this stage will be early adopters.
B) The mode of competition at this stage will be based on non-price factors.
C) The market growth is positive or high at this stage.
D) The industry structure is an oligopoly with only a few large firms.

Question

Quizplus · Accepted Answer

After the shakeout is completed and a few firms remain, the industry enters the maturity stage. During the fourth stage of the industry life cycle, the industry structure morphs into an oligopoly with only a few large firms.

The Compact Disk (CD)industry Is in the Maturity Phase of Its