1. Apply the Life Cycle of an Industry Model to the industry
1. Apply the Life Cycle of an Industry Model to the industry that your startup is playing in and validate with research why you think that your industry is in that stage. (furniture & home decoration industry)2. I have designed a startup company in furniture and home decoration company. Here is the company overview and also the beachhead market. Apply Michael Porter’s 5 Forces to your industry and validate with research. Make sure each of your statements is supported by facts or data. Be detailed for each one.3. briefly talk about one other influence on this industry . You can choose one from those four (Technological, Demographic, Governmental and Social influences) I have attached below.Max 400 words,
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