In Identifying an Industry's Key Success Factors,strategists Should

question 98

Multiple Choice

In identifying an industry's key success factors,strategists should

• A) try to single out all factors which play a major role in shaping whether buyer demand grows rapidly or slowly.
• B) consider on what basis customers choose between competing brands, what resources and competitive capabilities firms need to be competitively successful, and what shortcomings are almost certain to put a company at a significant competitive disadvantage.
• C) consider whether the number of strategic groups is increasing or decreasing and whether the five competitive forces are powerful or relatively weak.
• D) consider what it will take to overtake the company with the industry's overall best strategy.
• E) focus their attention on what it will take to capitalize on impacts of the industry's driving forces.

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Definitions:

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