To Determine:
To determine three relevant items of data from table to support RRG's conclusion regarding retail auto parts industry being in its maturity phase.
Introduction:
The process of industries going through various stages of growth is termed as industrial cycle. As industry moves ahead from one level to the next, the pricing, competition, growth rate, profits etc. moves further along with it. The beginning and the end of any stage is difficult to notice.
(b)
To Determine:
To determine three items from the table that support RRG's conclusion of competitors being in the consolidation stage.
Introduction:
The process of industries going through various stages of growth is termed as industrial cycle. As industry moves ahead from one level to the next, the pricing, competition, growth rate, profits etc. moves further along with it. The beginning and the end of any stage is difficult to notice.
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