Technological advance and deregulation have reduced the importance of indirect competition
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Q5: Low entry barriers typically produce high profitability
Q6: Parallel competitors need not concern the strategist
Q7: Business unit strategy requires a detailed understanding
Q8: Some investors are not interested in firms'
Q9: All firms in an industry are similarly
Q11: Pressure from suppliers is independent of their
Q12: Many different players may influence industry structure
Q13: Market segmentation scheme should reviewed and checked
Q14: Market perspectives are competitor-specific
Q15: Managers need to be open to weak
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