ADMS 1000 Lecture Notes - Scientific Management

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: All

Document Summary

Briefly describe each of the four stages of the industry life cycle (explain 2 key characteristics for each stage) and how you would apply each stage to describe the evolution of the automobile industry. (total 20 marks) An appropriate use of the diagram, though the student might have started with a brief introduction about the cycle as a whole. Entrepreneurs is the noun; the student has used the adjective form. While students aren"t penalized for errors like this, it does affect readability and the overall quality of the answer so you must be careful with your style of expression. This needs to be explained, as it is central to this part of the industry cycle. The problem here is the student is using terms without really explaining them and demonstrating how they can be used to answer the question. Good use of this example to back up the answer.