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States that while mature industries are a major part of the USeconomy, little empirical information is available on competitivestrategies appropriate in the mature environment. Discusses, via a casestudy of the US hardwood lumber industry, the idea that costbasedstrategies based on Overall Cost Leadership are not sufficient formature basic industries. Concludes that the results offer understandingof the strategic changes which can occur during the maturity stage ofthe industry life cycle and recommends possible ways of competing inthis environment.
Journal of Business & Industrial Marketing – Emerald Publishing
Published: Apr 1, 1992
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