From the standpoint of strategy formulation,the essential characteristics of an emerging industry is that

Question

Quizplus · Accepted Answer

Emerging industries are characterized by a lack of established rules and norms, as they are still in the early stages of development. This lack of structure creates opportunities for new entrants to shake up the industry and potentially gain a competitive advantage. Therefore, option A is the best choice.

From the Standpoint of Strategy Formulation,the Essential Characteristics of an Emerging