An analyst is analyzing an industry where there are now emerging industry leader
ID: 2725417 • Letter: A
Question
An analyst is analyzing an industry where there are now emerging industry leaders and the majority of firms are becoming more stable although the industry is still growing faster than the economy overall. This industry is in the ______________ phase.
maturity
start up
relative decline
consolidation
An analyst is analyzing an industry where there are now emerging industry leaders and the majority of firms are becoming more stable although the industry is still growing faster than the economy overall. This industry is in the ______________ phase.
Explanation / Answer
At the consolidation stage , the firms in an industry becomes more stable and several leaders in the industry start surfacing.
And at this stage,the performormance of the industry in general will be more minutely tracked by the performance of the firms that have survived. Further the growth rate of the industry is still faster than the economy.