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A stock analyst observed the following industry-life cycle information: The current penetration rate in the U.S. Market is significant. Competition is fierce and focused on
A stock analyst observed the following industry-life cycle information:
- The current penetration rate in the U.S. Market is significant.
- Competition is fierce and focused on the basis of priceprice wars within the industry are common.
This industry is most likely in the _______________ stage.
consolidation
start-up
maturity
relative decline
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