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There Are Four Criteria That Determine If Opportunities Are Attractive

question 21

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There are four criteria that determine if opportunities are attractive at the micro level on the market side.One of these is that the offering provides industry generic benefits.
34Opportunities 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.


Definitions:

Herbert Blumer

A sociologist who significantly contributed to the development of symbolic interactionism, emphasizing the role of human interaction in the construction of social meaning.

Prejudice and Discrimination

Prejudice and discrimination refer to the biased and often unjust treatment of individuals based on preconceived notions or negative attitudes towards their race, ethnicity, gender, religion, or other characteristics.

Employment Opportunities

Available jobs or positions that individuals can apply for in the workforce.

Structural Causes

Structural causes refer to underlying societal structures and systems, such as economic, political, or social institutions, that contribute to persistent issues or conditions within a society.

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