Multiple Choice
Which of the following statements about industry,industry dynamics,and industry lifecycle is true?
A) Industry refers not only to your product or service,but also to all your competitors selling that product or service.
B) The fortunes of industries do not move in predictable ways.
C) Small firms avoid entering "hot" industries.
D) If the industry is not growing there is no way to be successful as a start-up.
Correct Answer:
Verified
Correct Answer:
Verified
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