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industry life cycleRefer to "See Also" column to the right.
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industry life cycleLife cycle models are not just a phenomenon of the life sciences. Industries experience a similar cycle of life. Just as a person is born, grows, matures, and eventually experiences decline and ultima [..]
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industry life cycleA conceptual model of the different stages of an industrys d evelopment. (1) Development stage new product, high investment needs, losses; (2) Growth stage consumer acceptance, expanding sales, high profitability, ease of entry; (3) Maturity stage sales growth slows, excess capacity, prices and profits decline - key period for merger strategy;(4) [..]
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