Janet Ludlow is preparing a report on U. S. manufacturers in the electric toothbrush industry, and has gathered the information shown in Tables 15B and 15C. Ludlow’s report concludes that the electric toothbrush industry is in the maturity (i. e., late) phase of its industry life cycle.
a. Select and justify three factors from Table 15B that support Ludlow’s conclusion.
b. Select and justify three factors from Table 15C that refute Ludlow’s conclusion.