Which of the following factors is considered in determining a business's strength for the industry attractiveness-business strength matrix?

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The industry attractiveness-business strength matrix is used to assess a business's position within its industry. The factors considered in determining a business's strength include its response time, resource allocation effectiveness, reputation, and financial position. Threat of substitute products, economic factors, and sociopolitical considerations are all factors considered when assessing industry attractiveness.

Which of the Following Factors Is Considered in Determining a Business's