A maturing industry is one that is moving from repaid growth to Signifecantly lower grotwth? - moving industry
A mature industry is one that moves from a growth rate lowest reimbursed Signifecantly grotwth.what strategic steps a company must meet in order to strengthen its position in the industry?
Monday, January 18, 2010
Moving Industry A Maturing Industry Is One That Is Moving From Repaid Growth To Signifecantly Lower Grotwth?
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Diversification should be an option: either to introduce new products in the same group of people or try new segments with existing products sought. Or go a completely new product for a new market.
The other option would be to redesign its cost structure and the assumption can (a new strategy and the restructuring of the organization or externally, or streamlining) of the portfolio in order to improve efficiency and profitability.
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