1. Can you think of any new economic activity that has been established in your locality because of the innovation? How has it affected your locality?
2. Discuss the prospects of starting any economic activity in your locality and
prepare a short report describing the possible gains, and challenges you may
face.
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As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage