The Growth Stage of an Industry's Life Cycle Is The

Multiple Choice

The growth stage of an industry's life cycle is the:

A) time when companies attempt to secure their grip over customers in existing market segments.
B) time when customers start exiting the markets.
C) time to plan an exit strategy.
D) opportunity to reduce investment in a product.
E) phase when the demand for products is low because of customers not being familiar with the product.