In the Decline Stage of the Industry Life Cycle

Multiple Choice

In the decline stage of the industry life cycle,

A) the product may have reached obsolescence.
B) the industry will grow at a rate less than the overall economy.
C) the industry may experience negative growth.
D) the product may have reached obsolescence, and the industry will grow at a rate less than the overall economy.
E) the product may have reached obsolescence, the industry will grow at a rate less than the overall economy, and the industry may experience negative growth.