Key Success Factors Are

question 32

Multiple Choice

Key success factors are:

• A)Factors that allow rivals to undermine a firm's competitive advantage
• B)The sources of competitive advantage within an industry
• C)The forces of competition that are most influential in determining industry profitability
• D)The generic strategy that is most closely aligned with customer preferences

---

Definitions:

Consumerspace

Refers to the environment or realm in which consumers interact with and consume products and services.

Marketerspace

A conceptual or physical space where marketing activities and interactions between brands and consumers take place.

Traditional Music Industry

Refers to the sector of the music industry that revolves around the production, distribution, and sale of physical music formats and the traditional methods of music consumption before the digital era.

Cultural Selection

The process by which some cultural practices are adopted and spread within a society, while others are not, influenced by factors like utility, popularity, or symbolic meaning.