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.Related Questions on Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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