Question: Which statement below is correct about the industry life cycle? Group of answer choices In the maturity stage, market penetration is reaching a high plateau

Which statement below is correct about the industry life cycle? Group of answer choices In the maturity stage, market penetration is reaching a high plateau and dividend payments are more common. High levels of market penetration are commonly observed during the start-up stage. In the consolidation stage, price wars are common as rivalry reaches an apex. In the relative decline stage, companies are merely trying to fend off bankruptcy

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