In consolidation stage, the market for their products is developing. consequently rapid growth of sales and higher profit margins begin.so therefore in consolidation stage high profit margins will occur
Answer is high profit margins
54) Established brand loyalty is the barriers to entry. consumers are attached to existing products. so it will be barriers to new firms to enter a market.
answer is Established brand loyalty
Å firm in the consolidation stage of its industry life cycle will likely have low rates...