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Question
Which of these statements regarding the industry life cycle is correct?
A. Part of the power of the market life cycle is its ability to serve as a short-run forecasting device.
B. Trends suggested by the market life cycle model are generally not reversible or repeatable.
C. It points out the need to maintain a differentiation advantage and a low cost advantage simultaneously.
D. It has important implications for company generic strategies, functional areas, value-creating activities, and overall objectives.
Answer
This answer is hidden. It contains 178 characters.
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