1 A large number of exits from the market is called a. a decline in market share b. a downsizing strategy c. a shakeout d. an industry meltdown 2 A high degree of concentration and fierce rivalry...

1 A large number of exits from the market is called

a. a decline in market share

b. a downsizing strategy

c. a shakeout

d. an industry meltdown

2 A high degree of concentration and fierce rivalry occurs in the _________ of the industry life-cycle model.

a. introductory phase b. growth phase

c. mature phase d. decline phase