It will be difficult to execute a profitable strategy in an industry with declining but cyclical demand, warring competitors, and a strong sense of pride in their product

Question

Quizplus · Accepted Answer

The statement acknowledges the challenges of executing a profitable strategy in an industry with declining but cyclical demand, warring competitors, and a strong sense of pride in their product. Therefore, it is true that it will be difficult to do so.

It Will Be Difficult to Execute a Profitable Strategy in an Industry