All of the following are possible stages in the industry life cycle except ________.
A) introduction
B) erosion
C) growth
D) maturity

Question

Quizplus · Accepted Answer

While introduction, growth, and maturity are all stages of the industry life cycle, erosion is not a commonly recognized stage in the model. The typical final stage is decline, which refers to a decline in demand and profitability as the industry becomes saturated and/or faces new threats.

All of the Following Are Possible Stages in the Industry