Multiple Choice
Which two factors determine the "competitive fate" of a declining industry?
A) The balance between capacity and output, and the nature of demand (the speed, predictability and uniformity of decline)
B) The nature of demand, and rivals' power of retaliation
C) Innovation and customers' speed of adoption
D) The balance between capacity and output, and industry structure
Correct Answer:
Verified
Correct Answer:
Verified
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