Asked by Katie Flynn on Jun 10, 2024
Verified
What annual growth rate is indicative of a thriving and expansive industry-one that creates niches for new entrants?
A) 5 to 10 percent
B) 10 to 20 percent
C) 30 to 50 percent
D) 10 to 25 percent
Annual Growth Rate
The percentage increase in the value of something over a one-year period, often used to measure the expansion of a company or economy.
Expansive Industry
An industry experiencing growth and enlargement, encompassing a wide range of activities and services.
- Ascertain the effect of enhancing value chains and distribution paths on the generation of opportunities in different sectors.
Verified Answer
CB
Collin BaileyJun 14, 2024
Final Answer :
C
Explanation :
An annual growth rate of 30 to 50 percent is indicative of a thriving and expansive industry. Such a growth rate creates niches for new entrants and indicates strong demand and opportunity for growth within the industry. A growth rate of 5 to 10 percent or 10 to 20 percent may still be positive but may not provide as much room for new entrants to establish themselves. A growth rate of 10 to 25 percent may be considered good but is still below the range that indicates a highly expansive industry.
Learning Objectives
- Ascertain the effect of enhancing value chains and distribution paths on the generation of opportunities in different sectors.
Related questions
_____ Is Defined as the Period of Revenue Growth in ...
What Opportunity Is Most Likely to Be Created When Proprietary ...
As Use of the Internet Took Off, Car Manufacturers Were ...
Firms Can Create ________ When They Are Able to Perform ...
A Company Has a Significant Competitive Advantage When It Is ...