Abstract
Industry sectors are generally defined through the products they create or the services on offer. Industries are also identified by their response to economic and business cycles, typically defined as growth, defensive or cyclical. The industry life cycle considers an industry’s viability over time, with the four stages of pioneer, growth, mature and decline indicating a phase in an industry’s evolution.
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Rogers, J. (2019). A Growth Firm. In: Strategy, Value and Risk. Global Financial Markets. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-21978-9_10
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DOI: https://doi.org/10.1007/978-3-030-21978-9_10
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