Question

1. How much of an impact does the "maturity" level of the industry or company have on strategy?

2. How can you be innovative in a mature industry?

3. How can you be conservative in an introductory/rapid growth situation?

4. Should you be conservative?

Answer 1

ANSWER :

1.Impact of the maturity level of the industry :

A mature industry or organization alludes to those organizations whose shake out stage has finished. This implies the market of the business has immersed, request is constrained or can't be supplanted by new contenders and development is low or zero.

Such businesses present passage bathers to new contenders. Along these lines, businesses center around creating methodologies to restore its development.

Along these lines, so as to endure and finish organizations centers around creating systems to limit expenses and building brand reliability.

2. Innovatives in mature industry :

An organization can be imaginative in a full grown industry. An organization can either imaginative its item structure or creation process.

This will assist an organization with lowering down its expense and will assist with keeping up minimal effort position in the market. Minimal effort procedure will additionally dishearten expected participants in the market.

3. Conservatives in an introductory or rapid growth situation :

In Introductory stage, organizations experience low deals. Hence, they have to construct familiarity with its item in the market. Though, in a quick development stage, an organization experience a development in its business due to its endeavors made at demure, level.

In both the stage organization should be adaptable with its promoting and different procedures.

Organization should change its arrangement and systems as indicated by the development or reaction in the market. Inflexibility in its arrangements and system will hamper the development of an organization. Hence, an organization ought not be inflexible or preservationist in an early on/fast development stage.

4. Should you be conservative :

Should you be conservative in the fast development circumstance an organization ought not be preservationist in its methodology. In the fast development circumstance there are numerous open doors accessible and being moderate can ham.

Still on the off chance that the organization needs to be moderate, at that point it can do as such by limiting itself to some specific gathering of clients and go for normalized items.

Note : if you like my work please give an upvote.