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Answer to Question #8998 in Economics of Enterprise for LaMarcus Streeter

Question #8998
Five Industries Please respond to the following:

Discuss the five industries listed below and evaluate whether it should be classified as
a) emerging, b) rapid-growth, c) mature/slow-growth, d) stagnant/declining, e) high-velocity/turbulent, or f) fragmented. Explain your position. Conduct research on the Internet if needed.

Network television

Wine, Beer, and Liquor retailing

Mobile Phone Industry

Computer software industry

Petroleum industry
Expert's answer
Network television - b) rapid-growth
& Wine, Beer, and Liquor retailing - c) mature/slow-growth
& Mobile Phone Industry - f) fragmented
& Computer software industry - a) emerging
& Petroleum industry - c) mature/slow-growth, e) high-velocity/turbulent

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