Determining how to compete requires a firm's management to consider which of the following factors?
A) Factors critical to successfully competing in its targeted markets
B) An external market analysis
C) An evaluation of what criteria customers use to make buying decisions
D) Availability of product substitutes
E) All of the above

Question

Quizplus · Accepted Answer

To determine how to compete, a firm's management must consider all of the factors listed: factors critical to successfully competing in its targeted markets, an external market analysis, an evaluation of what criteria customers use to make buying decisions, and availability of product substitutes. As a result, option E is the correct answer.

Determining How to Compete Requires a Firm's Management to Consider