A Change in the Number of Competitors of a Firm

question 54

Multiple Choice

A change in the number of competitors of a firm leads to a change in the firm's:

• A) internal environment.
• B) strengths.
• C) external environment.
• D) competitive edge.

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Definitions:

Community of Interest

A group of people connected by a shared interest or goal, often interacting within a specific field or online.

Organization

The arrangement or structuring of elements in a coherent and logical manner, often referring to entities like companies or the layout of writing.

Global Reputation

Global reputation is the perception of an individual, company, or country by people and entities worldwide, influenced by actions, achievements, and communications.

Reputation Analysis

Involves evaluating public perception and sentiment about a person, company, or brand through various data sources.