An Industry's Key Success Factors Can Always Be Deduced by Asking

question 114

Multiple Choice

An industry's key success factors can always be deduced by asking what factors

• A)are a function of market share, entry barriers, and economies of scale, degree of vertical integration, and industry profitability that are advantageous.
• B)vary according to whether an industry has high or low long-term attractiveness.
• C)such as product attributes and service characteristics are crucial, and what resources and competitive capabilities are needed, and what shortcomings are evident to put a company at a competitive disadvantage.
• D)can be determined from studying the winning strategies of the industry leaders and ruling out as potential key success factors the strategy elements of those firms considered to have losing strategies.
• E)depend on the relative competitive strengths of the industry leaders and how vulnerable they are to competitive attack.

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Definitions:

Settlement

An agreement reached between parties in a dispute, typically without admission of guilt or fault, to resolve the matter without further legal action.

Debt

Money owed by one party to another under the condition that it will be paid back, often with interest.

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Written laws enacted by a legislative body, governing various aspects of societal conduct.

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Refers to an amount of money that is smaller in comparison to another figure or expectation.