1.  An industry’s present conditions do not necessarily reveal much about the strategically relevant ways in which the industry environment is changing.

Advertisement

2.  All industries are characterized by trends and new developments that gradually or speedily produce changes which is  important enough to require a strategic response from participating firms.

3.  The popular hypothesis that industries go through a life cycle of takeoff, rapid growth, early maturity, market saturation, and stagnation or decline helps explain industry change – but it is far from complete.

Advertisement
The following two tabs change content below.

Farida Shaikh

I like management, hence it is difficult but to manage life, I'm learning management.
58 Comments

Leave a reply

BMS.co.in is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2020 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp
or

Log in with your credentials

or    

Forgot your details?

or

Create Account