Grantham Nature of Competition in Industries Growth and Decline Discussion

This week we will be discussing and providing examples for the various industries to include: growth industry, mature industry, and declining industry.

Identify a growth industry, a mature industry, and a declining industry. For each industry, identify the following;

• the number and size distribution of companies;
• the nature of barriers to entry;
• the height of barriers to entry; and (d) the extent of product differentiation.

Once you have identified an example for each, then, answer the following questions:

• What do these factors tell you about the nature of competition in each industry?
• What are the implications for the company in terms of opportunities and threats?