Which of the following statements is true of reminder promotion? a. it prevails during the maturity stage of the product life cycle. b. it is designed to stimulate a purchase or an action. c. it prevails during the growth stage of the product life cycle. d. it forms relationships with customers through technological ties.

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?