Question: 2. a. What is industry life cycle? Give an example of an industry in Stage 2 (growth phase) of the industrial life cycle. Discuss your

2. a. What is industry life cycle? Give an example of an industry in Stage 2 (growth phase) of the industrial life cycle. Discuss your reasoning for putting the industry in Stage 2 (growth phase) and any evidence that caused you to select this industry.

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b. What is barometric approach? Assume the following barometric indicators and analysis the prospect of Bangladesh RMG sector in the coming year. Historical Trend: No growth GDP: Stable growth Population Growth: Remain Same Rate of inflation : Increase Interest rate : Decrease International political situations : Turmoil Budget deficit : Present Cotton price : Increase Weather conditions : Unpredictable

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