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Article summary:

1. Variety in an industry can lead to better performance and this relationship persists over time.

2. This article examines the relationship between industry variety, life-cycle stages, and performance.

3. The study finds that firms need to increase competitive intelligence in order to benefit from industry variety.

Article analysis:

The article is generally reliable and trustworthy as it provides evidence for its claims through data from 15 U.S. manufacturing industries, which adds credibility to the findings of the study. Furthermore, the authors provide implications for CI managers based on their findings, which further strengthens the trustworthiness of the article. However, there are some potential biases that should be noted when considering this article. For example, the authors do not explore any counterarguments or present both sides equally when discussing their findings, which could lead to a one-sided perspective on the topic being presented. Additionally, there is no mention of possible risks associated with increasing competitive intelligence or any other strategies discussed in the article, which could be important for readers to consider before implementing them in their own businesses.