Select an industry and consider how the industry life cycle


Question: 1. Select an industry and consider how the industry life cycle has affected business strategy for the firms in that industry over time. Detail your answer based on each stage: introduction, growth, shakeout, maturity, and decline.

2. Describe a firm you think has been highly innovative. Which of the four types of innovation-radical, incremental, disruptive, or architectural-did it use? Did the firm use different types over time?

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Business Management: Select an industry and consider how the industry life cycle
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