Identify a growth industry, a mature industry, and a declining industry. For each industry, identify the following;
the number and size distribution of companies;
the nature of barriers to entry;
the height of barriers to entry; and (d) the extent of product differentiation.
Once you have identified an example for each, then, answer the following questions:
What do these factors tell you about the nature of competition in each industry?
What are the implications for the company in terms of opportunities and threats?
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