Analyzing Key Success Factors Leads One to Ask the Following

question 2

Multiple Choice

Analyzing key success factors leads one to ask the following two questions:

• A)What do customers want which we could supply profitably and what should the firm do to survive competition?
• B)What do customers want and what type of operational changes should a firm implement to survive competition?
• C)Which of the five forces of competition are critical for a firm's survival and how could the firm deal with them?
• D)How should managers analyse information collected from the market and what should they do about it?

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Definitions:

Hypertension

A chronic medical condition characterized by elevated blood pressure in the arteries, posing a risk for heart disease and stroke.

High Cholesterol

A condition characterized by elevated levels of cholesterol in the blood, which can increase the risk of developing cardiovascular diseases.

Heart Attack

A medical condition that occurs when the flow of oxygen-rich blood to a section of heart muscle is blocked, which can damage or destroy the heart muscle.

Cardiovascular Death

Mortality resulting from heart conditions or diseases of the blood vessels, including heart attacks and stroke.