Question: Which statement below is correct about the industry life cycle? Group of answer choices In the relative decline stage, companies are merely trying to fend

Which statement below is correct about the industry life cycle? Group of answer choices In the relative decline stage, companies are merely trying to fend off bankruptcy. 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 maturity stage, market penetration is reaching a high plateau and dividend payments are more common

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