Industry

It is a group of manufacturers or businesses that produce a particular kind of goods or services.

• Market

• Industry

• Service

• product

Industry comes from the Latin industria, which means

• patience

• punctuality

• hard work

• knowledge

It refers to industries that have not changed significantly despite advances in technology.

• Big

• Small

• Old

• New

Examples of old economy industries include steel, agriculture, and __________.

• Drone

• Smartphones

• Online shopping

• Manufacturing

The ________ stage is the last stage of an industry life cycle.

• Dead end

• Death

• Decline

• Shakeout

At this stage, companies realize maximum revenue, profits, and cash flows because customer demand is fairly high and consistent.

• Start up

• Growth

• Shake out

• Maturity

In this stage , some businesses are naturally eliminated because they are unable to grow along with the industry or are still generating negative cash flows.

• Introduction

• Growth

• Shakeout

• Maturity

Companies at this stage are likely to generate zero or very low revenue and experience negative cash flows and profits.

• Introduction

• Decline

• Start up

• A or C

Self driving cars are in what stage of industry life cycle?

• Introduction

• Growth

• Maturity

• Decline

An industry is one in which many companies compete and there is no single or small group of companies which dominate the industry.

• Concentrated

• Diluted

• Fragmented

• Targeted