Business, 18.02.2020 23:32 kendratorres200

In emerging economies, the LCD television industry is in that phase of the industry life cycle in which the previously increasing market demand becomes limited. The competitive intensity within the industry is high, and inefficient firms have begun to exit the industry. This has allowed only a few major companies to come out as cost leaders and hold the shrinking market. Which of the following stages of the industry life cycle is the LCD television industry currently in?
A. Growth stage
B. Introduction stage
C. Shakeout stage
D. Decline stage

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In emerging economies, the LCD television industry is in that phase of the industry life cycle in wh...