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In which stage of the industry life cycle are newspapers?
What happened to newspapers?
What does the industry need to do to grow and/or say alive?
1. In which stage of the industry life cycle are newspapers?
Newspaper is currently in the decline stage of the industry life cycle. This often happens when a product is not keeping pace with other products. It can also happen when there are new innovations, which can cause a product to experience a decline in the life cycle. During the decline phase, sales suffer at an accelerating rate.
2. What happened to newspapers?
This solution discusses the newspaper industry and its future. The stage of the industry life cycle newspapers are in are determined.