FIN 351 CHAPTER 6 QUIZ 6 TO 10

FIN 351 CHAPTER 6 QUIZ 6 TO 10

6. Industry life cycles measure the growth path of an industry through five stages.

7. Industry life cycles predict an industry's sensitivity to the economy

8. The life cycle curve in Chapter 6 is graphed so that the steeper the slope of the line the faster the growth rate of the industry.

9. The more saturated an industry gets with competitors, the further along the life cycle it will probably be.

10. Firms in the development stage are typically publicly owned.

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