Listed below are 10 industries. Classify each one as (a) emerging, (b) rapid-gro

Question

Listed below are 10 industries. Classify each one as (a) emerging, (b) rapid-growth, (c) mature/slow-growth, (d) stagnant/declining, (e) high-velocity/turbulent, or (f) fragmented. Do research on the Internet, if needed, to locate information on industry conditions and reach a conclusion on what classification to assign each of the following. Defend your conclusion.

exercise and fitness industry dry cleaning industry poultry industry camera film and film-developing industry wine, beer, and liquor retailing watch industry cell phone industry recorded music industry (CDs, tapes) computer software industry newspaper industry

Explanation / Answer

a)fitness industry : growth because there are always ample no of people available who wants to get fit and therefore this industry is in growth stage

b) dry cleaning : mature stage because competition is good in this industry and people running this industry on competition basis

C)polutry industry: fragmented because slowly slowly people are leaving the industry due to negative profit

D)camera film and film developing industry: mature stage because enough competition and people just running their business on normal profit

E)wine beer and liquor: stagnent stage because this industry is very old and no new entry is entering the market and older companies are earing their normal profot

F)watch industry: fragmented because large no of companies getting loss and leacing the industry

G)phone industry: growth stage because every company is making a larg profit and still new compnies enter into the market which is the sign of growth stage

H) recorded music industry:mature stage because no new entry stable competion

I) computer software: growth industry because large no of companies still entring and gaining profit

J)Newspaper industry: declining industry due to the increase in vierier ship of online media the newspaper industry has become stagneted

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