The flat-panel television market where prices have come down and competition has become more stable is best characterized as: a. fast-cycle. b. standard-cycle. c. slow-cycle. d. competitive rivalry.

Respuesta :

Answer:

B. Standard-cycle.

Explanation:

Standard cycle: It is a part of competitive dynamics, which caused by varying rates of competitive speed. It is a situation in the market in which firm´s competitive advantages are moderately shielded from imitation for long period of time and imitation is moderately costly.  Competitive advantage can be sustained, if quality can be regularly upgraded. It serve many customer and gain larger market share.