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Firm Transformation and Divesture

  • Jamie Rogers
Chapter
Part of the Global Financial Markets book series (GFM)

Abstract

Many industries follow life cycles that are defined by convention as pioneer, growth, mature and decline. An industry in decline either has negative growth or is not expanding at the general economic growth rate. These industries are typically identified by extreme price competition, excess capacity, a lack of innovation, a dwindling number of competitors and buyouts.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Jamie Rogers
    • 1
  1. 1.New YorkUSA

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