It is almost always unwise to invest in an industry which is entering stage III of the industry life cycle.

Name: It is almost always unwise to invest in an industry which is entering stage III of the industry life cycle.
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Quizplus · Accepted Answer

Stage III of the industry life cycle, known as the maturity stage, can still offer investment opportunities, especially in well-established companies with strong market positions and consistent cash flows.

It Is Almost Always Unwise to Invest in an Industry