The highly competitive industries,particularily in early stage of product life cycle,follow which one of the following stategy and why?

Question:
The highly competitive industries,particularily in early stage of product life cycle,follow which one of the following stategy and why? 1.Functional area support strategy (why and why not). 2.Expansion 3.Diversification 4.Downsizing also the reason for neglecting a particular option.

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