Multiple choice

The industry life cycle has birth, _____, _____, maturity & decline stage.

  1. Shakeout, Introduction

  2. Maturity, Shakeout

  3. Growth, Shakeout

  4. Introduction, Growth

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The standard industry life cycle consists of five distinct stages: birth (or introduction), growth, shakeout, maturity, and decline.