During the ________ stage of the industry life cycle, there is no standardized technology and uncertainty is high.
A) embryonic
B) growth
C) maturity
D) decline

Question

Quizplus · Accepted Answer

The embryonic stage is characterized by the absence of standardized technology and high levels of uncertainty as firms are still entering the market and experimenting with new products and business models.

During the ________ Stage of the Industry Life Cycle, There