Please include brief explanations in every answer:

Multiple Choice:

1) How many stages are there in the industry lifecycle?

a) 3

b) 4

c) 5

d) 6

2) As indicated in the Case, which of the following is NOT cited by the taxi industry as an example of the uneven playing field and unfair advantage of Uber?

a) Do not need to purchase commercial insurance

b) Do not have to perform mandatory maintenance

c) Do not have to have criminal record checks

d) Do not accept cash

3) Which of the following is NOT a characteristic of the maturity phase?

a) Intense rivalry between competitors

b) Focus on production and manufacturing efficiencies

c) Product differentiation

d) Incremental innovation

4) Grocery stores such as Loblaws, Sobeys and Longos are in what phase of the industry lifecycle?

a) Maturity

b) Decline

c) Growtha

d) Introduction

5) The endorsement of an organization form, industry or an activity by key stakeholders and institutions such as the government and general public, refers to:

a) Market Legitimacy

b) Dominant Design

c) Early Adopters

d) Sociopolitical Legitimacy