Industry life cycle analysis suggests that firms follow a linear progression from introduction stage to decline stage, always moving from one stage to the next in the life cycle without interruption.

Question 27 options:

True

False

Which of the following is less likely to be considered a characteristic of a financially conservative firm?

Question 29 options:

High percentage of cash to assets

low dividend payout

High profit margin

Low debt to asset ratio

While Tesla may be the first mass market electric vehicle producer, more companies, exisiting and new, are entering the electric vehicle market and Tesla's future profitability could suffer as a result. Which of Porter's forces is most likely to affect Tesla in this scenario?

Question 32 options:

	Supplier power
	Barriers to entry
	Availability of substitutes
	Customer (buyer) power
	Intensity of rivaly