When a Company Stays Inside One Industry, the Problems of Sustaining

question 53

True/False

When a company stays inside one industry, the problems of sustaining a successful business model and strategies over time can be difficult because of changing conditions in the environment.

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Definitions:

Streptococci

A genus of coccus (spherical) bacteria that are often found in chains or pairs and can cause a variety of infections in humans and animals.

Chains

A series of connected links or rings typically made of metal used for fastening, pulling, bearing loads, or restraint.

Strep Throat

An infection caused by Streptococcus bacteria that results in a sore, scratchy throat.

Streptococci

A genus of round-shaped bacteria, some strains of which can cause diseases in humans such as strep throat, rheumatic fever, and other infections.