What annual growth rate is indicative of a thriving and expansive industry-one that creates niches for new entrants?
A) 5 to 10 percent
B) 10 to 20 percent
C) 30 to 50 percent
D) 10 to 25 percent

Question

Quizplus · Accepted Answer

An annual growth rate of 30 to 50 percent is indicative of a thriving and expansive industry. Such a growth rate creates niches for new entrants and indicates strong demand and opportunity for growth within the industry. A growth rate of 5 to 10 percent or 10 to 20 percent may still be positive but may not provide as much room for new entrants to establish themselves. A growth rate of 10 to 25 percent may be considered good but is still below the range that indicates a highly expansive industry.

What Annual Growth Rate Is Indicative of a Thriving and Expansive