Traditional Culture Encyclopedia - Travel guide - Characteristics of the industry development stage What is industry development?

Characteristics of the industry development stage What is industry development?

1. The company has stable sales and relatively stable profits.

2. Enterprise R&D costs are very high and sales volume is very small.

3. Competition among enterprises has intensified and product prices have dropped.

4. Enterprise output decreases and profits decrease.

5. The industry development method is to select an industry in stages to carry out segmented business based on our target market. This approach originates from both for-profit and non-profit organizations.

6. The characteristics of the industry development method are that it is highly targeted and easy to segment.