Which of the following is not true about stage four of the industry life cycle?
A) Only large firms compete.
B) A service and experience orientation dominates.
C) Highly profitable niches are available in otherwise competitive markets.
D) Knowledgeable users are very demanding about their requirements.

Question

Quizplus · Accepted Answer

In stage four of the industry life cycle, which is the decline stage, not only large firms compete; smaller firms can also find opportunities, especially in niche markets.

Which of the Following Is Not True About Stage Four