Question
In industry and competitive analysis, what step comes after defining the industry and competitors?
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Answer
Analyze industry size, growth, profitability, and market share.
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Question
A market is unproven, margins are low or negative, and investment needs are very high. Which life-cycle stage fits best?
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Answer
Embryonic.
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Question
If industry growth is decelerating and weaker firms are exiting amid intense competition, what stage is most likely?
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Answer
Shakeout.
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Question
Rapid adoption of automation and digitalization in an industry is captured by which PESTLE factor?
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Answer
Technological.
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