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.
Correct Answer:
Verified
Q82: The payoff of good scouting reports on
Q83: Which of the following is not an
Q84: An industry's key success factors
A) are a
Q85: Which of the following is particularly pertinent
Q87: Strategic group mapping is a technique for
Q88: Evaluating whether an industry presents a sufficiently
Q89: One of the things that can be
Q90: A strategic group consists of those firms
Q91: The key success factors in an industry
A)
Q97: Which of the following can aid industries
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents