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Examveda

A young industry that is beginning to form is considered to be in __________ stage

A. Introduction

B. Growth

C. Shakeout

D. Maturity

Answer: Option A

Solution(By Examveda Team)

A young industry that is beginning to form is considered to be in Introduction stage. Demand for the industry's outputs is low at this time because product and/or service awareness is still developing.

This Question Belongs to Management >> Strategic Management

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