External environmental conditions create both resources and opportunities for firms that have major implications for their strategic actions.
Correct Answer:
Verified
Q11: Typically, slow industry growth increases rivalry within
Q12: The political/legal segment is the arena in
Q13: Demographic, economic, political/legal, sociocultural, technological, global and
Q14: There is less competition between firms within
Q15: High exit barriers can cause a company
Q17: The five forces model is an industry-level
Q18: The five forces model recognises that both
Q19: A population's size, age structure, geographic distribution,
Q20: The technological segment represents the impact of
Q21: The threat from substitutes is low when:
A)switching
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