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The industry life cycle is important because Multiple Choice it points out the need to maintain a differentiation advantage and a low-cost advantage simultaneously. of
The industry life cycle is important because Multiple Choice it points out the need to maintain a differentiation advantage and a low-cost advantage simultaneously. of its ability to serve as a short-run forecasting device. trends suggested by the market life-cycle model are generally not reversible or repeatable. the emphasis on various generic strategies varies over the course of an industry life cycle
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