Within specific industries, many firms often share the same or similar key success factors for building competitive success in world markets

Question

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Key success factors are those elements that are necessary for a firm to achieve its marketing objectives and compete effectively in a market. Within specific industries, companies often need to excel in the same areas (e.g., innovation, customer service, cost efficiency) to succeed globally, leading to shared key success factors among competitors.

Within Specific Industries, Many Firms Often Share the Same or Similar