WorksheetsIndustry Life Cycle Stages
Total questions: 6
Worksheet time: 2mins
At what stage of industry life cycle does research and development (R&D) most important?
introduction stage
growth stage
maturity stage
decline stage
Which of the following industry is most appropriately classified in its introduction stage?
cloud computing
space tourism
print newspapers
vinyl records
The following industries are potentially in its growth stage, except:
ultra-high definition television (UHD TV)
electric vehicles
digital wallets
mainframe computers
Which of the following products or services may be categorized in its maturing stage?
crypto exchanges
ultra-high definition television (UHD TV)
athletic shoes
cinemas / movie theathers
The announcement made by Blackberry in January this year of shutting down its services for legacy phones is an example of what type of strategy in the decline stage?
consolidation
exiting the market
reverse positioning
reverse positioning
No war, no business. Hence, support conflict.
What strategy depicts this statement?
growth strategy
maturity strategy
decline strategy
turnaround strategy
