A firm in the early stages of the industry life cycle will likely have

A) high market penetration.
B) high risk.
C) rapid growth.
D) high market penetration and rapid growth.
E) high risk and rapid growth.

Industry Life Cycle

Stages through which firms typically pass as they mature.

Market Penetration

A measure of the extent of sales or adoption of a product or service compared to the total theoretical market for that product or service.

Rapid Growth

A phase in which a company or economy experiences significantly faster-than-average increases in revenue or expansion.