Which statement about the car industry is not likely true

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Question 1: Which of the following statement about the car industry is NOT likely true?

Option 1: The car industry is in the introduction stage of its industry life cycle.

Option 2: Whether a firm can gain and sustain competitive advantage in the car industry does not depend solely on its strategy.

Option 3: Differentiation strategy is a viable choice for firms entering the car industry.

Option 4: Alphabet (Waymo) should build on its strength of car manufacturing to adopt the overall cost leadership strategy for its driverless cars.

Reference no: EM132501007

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