In the Start-Up Stage of the Industry Life Cycle

Multiple Choice

In the start-up stage of the industry life cycle,

A) it is difficult to predict which firms will succeed and which firms will fail.
B) industry growth is very rapid.
C) firms pay a high level of dividends.
D) it is difficult to predict which firms will succeed and which firms will fail, and industry growth is very rapid.
E) industry growth is very rapid, and firms pay a high level of dividends.