The emphais on products is very high the intensity of competition is low and market growth is low in the which industry life cycle
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An industry life cycle depicts the various stages where businesses operate, progress, prospect and slump within an industry. An industry life cycle typically consists of five stages — startup, growth, shakeout, maturity and decline. These stages can last for different amounts of time, some can be months or years.
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Answer:
An industry life cycle depicts the various stages where businesses operate, progress, prospect and slump within an industry. An industry life cycle typically consists of five stages — startup, growth, shakeout, maturity and decline. These stages can last for different amounts of time, some can be months or years.
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