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The industry life - cycle analysis has several potential limitations . Which of these is a limitation that strategic managers should be aware of ?

The industry life-cycle analysis has several potential limitations. Which of these is a limitation that strategic managers should be aware of?
a. Industry life cycles have very few strategic implications and shouldn't be used to determine potential strategies.
b. Industries will not always travel through the stages in a predictable way.
c. Companies cannot do anything to alter the course of an industry as it evolves through the life-cycle stages.
d. All companies within an industry should employ similar strategies based on the life cycle of the industry they're operating in.
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