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The Life Cycle Idea Used to Describe Industries Is Analogous

Question 8

Multiple Choice

The life cycle idea used to describe industries is analogous to a living organism that experiences birth, growth, maturity, and death. This comparison


A) provides clear insight into how organizations change over time.
B) has some limitations and does not always hold true.
C) is appropriate because firm rarely experience renewal.
D) perfectly explains the cereal industry.

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