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Which of the Following Statements Is True of Declining Industries

Question 54

Multiple Choice

Which of the following statements is true of declining industries?


A) Typically, not all segments of an industry decline at the same rate.
B) A declining industry should ideally use the leadership strategy when it does not have any strengths and the competition is low.
C) Divestment strategy is when a company in a declining industry tries to improve sales by improving product quality.
D) The greater the exit barriers of a declining industry, the lower the intensity of competition.
E) The intensity of competition lower in declining industries that sell commodity-like products.

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