1 A change in demographics can trigger the ________ of the industry life-cycle model. a. introductory phase b. growth phase c. mature phase d. decline phase 2 In the decline stage, an option to deal...

1 A change in demographics can trigger the ________ of the industry life-cycle model.

a. introductory phase

b. growth phase

c. mature phase

d. decline phase

2 In the decline stage, an option to deal with falling sales is to

a. maintain a leadership stance

b. pursue a niche strategy

c. harvest profits

d. all of the above