As an alternative to decline an industry may be able renew itself. This can be accomplished by
A) reconfiguring the industry value chain.
B) acquiring the firms producing the products or services that have caused the industry's decline and closing them.
C) continuing to market the benefits of the industry's existing products so that interest in them is refreshed.
D) lowering the barriers to entry, thereby causing firms with new ideas to enter the industry.
Correct Answer:
Verified
Q30: The recent battle between the high definition
Q31: Industries mature when demand begins to slow
Q32: _ is an industry condition in which
Q33: Value creation in the mature stage of
Q34: As sales fall in the decline stage
Q36: Products or services that have a relationship
Q37: In an industry that is consolidated a
Q38: In a fragmented industry it may be
Q39: Which of the following is not one
Q40: The dominant problems in the conception stage
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents