During which stage of the industry life cycle would a firm experience stable growth in sales?
A. -Consolidation
B. Relative decline
C. Maturity
D. Start-up
E. Stabilization
A. -Consolidation
One of the features of the consolidation phase is stable growth. There is no "stabilization" stage. During start-up there is rapid growth, during the maturity phase there is slowing growth, and during the relative decline phase there is minimal or negative growth.
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