Multiple Choice
Which of the following statements is true of embryonic industries?
A) They are characterized by very a high initial customer demand.
B) They are characterized by well-developed distribution channels.
C) They involve low production costs because of large volumes of production.
D) They face the challenge of educating customers who are not familiar with their product benefits.
E) They enjoy the abundance of complementary products that help increase sales.
Correct Answer:

Verified
Correct Answer:
Verified
Q13: Horizontal mergers often lead to industry fragmentation.
Q19: Laggards are technologically sophisticated customers willing to
Q42: Alpha corporation owns and controls several retail
Q48: The growth stage of an industry's life
Q49: Development of a mass market is the
Q50: Which of the following factors of a
Q51: Which of the following strategies helps companies
Q52: _ is a market growth factor that
Q54: A divestment strategy's success is often dependent
Q73: Tom tends to be ignorant about technological