Answer to Question #8998 in Economics of Enterprise for LaMarcus Streeter
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.
Wine, Beer, and Liquor retailing
Mobile Phone Industry
Computer software industry
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