Opportunities Are Attractive at the Micro Level on the Industry

question 13

True/False

Opportunities are attractive at the micro level on the industry side when the company itself meets a number of tests: it possesses something proprietary that other companies cannot easily duplicate or imitate; the business has or can develop superior organisational processes,capabilities or resources that others would find it difficult to imitate or duplicate; the company's business model is economically viable.

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Definitions:

Upward Appeal

A tactic in which an employee tries to gain support or persuade someone by appealing to a higher authority within the organization.

Coalition Formation

The process by which individuals or groups come together to form an alliance, typically for a specific purpose or to achieve a common goal.

Coping With Uncertainty

Strategies and approaches used by individuals and organizations to manage and reduce the anxiety and risk associated with unknown future events.

Organizational Settings

The specific environmental and situational context within which organizations operate, influencing their structure, behavior, and interactions with external entities.