Determining the boundaries of an industry has become challenging in the twenty-first-century competitive landscape because:
A)firms can have multi-use resources at their disposal
B)firms have become single-entity enterprises
C)managers have adopted a new mind-set to capture the realities of the landscape
D)firms transfer their core competencies across geographic borders

Question

Quizplus · Accepted Answer

With advancements in technology, firms can now have multi-use resources at their disposal. This makes it challenging to determine the boundaries of an industry as firms can now operate in multiple industries using their shared resources.

Determining the Boundaries of an Industry Has Become Challenging in the Twenty-First-Century