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Consider the following two statements and then choose the answer that best applies: Statement 1: The same industry can be at different lifecycle stages across

Consider the following two statements and then choose the answer that best applies: Statement 1: The same industry can be at different lifecycle stages across geographic locations Statement 2: Generally, the number and size of industry competitors remains stable throughout the industry life cycle Group of answer choices Neither statement is true Only statement 2 is true Both statements are true Only statement 1 is true

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