If an industry tends to be characterized by falling price, relatively low barriers to entry, and relatively low competition, which of the following cycle the industry belongs to?
A. Shakeout
B. Growth
C. Mature
答案:B
解析:A growth industry tends to be characterized by rapidly increasing demand, improving profitability, falling prices, and relatively low competition. The threat of new competitors entering the industry is usually highest when barriers to entry are relatively low.