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