General Studies · Strategic Management
Match LIST-I with LIST-II: LIST-I (Industry Life Cycle Stage) A. Introduction Stage B. Growth Stage C. Maturity Stage D. Decline Stage LIST-II (Key Characteristics) I. Rapidly accelerating sales where a dominant product design begins to emerge and profitability improves dramatically. II. Typically the longest phase where market penetration plateaus, price competition intensifies, and industry consolidation begins. III. Absolute sales fall, prompting minimal investment in R&D or marketing while focusing on cost reduction. IV. Slow sales growth accompanied by significant technological uncertainty where customers are early adopters. Choose the correct answer from the options given below:
- 1A-II, B-I, C-IV, D-III
- 2A-IV, B-II, C-I, D-III
- 3A-I, B-IV, C-III, D-II
- 4A-IV, B-I, C-II, D-III✓
Correct answer
A-IV, B-I, C-II, D-III
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