Economies of scale lowers ability to enter and power of new entrants.
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Q38: The Strategy Process entails: Planning, Forming, Controlling.
Q39: Substitutes form the price floor for a
Q40: Strategy is not a single act that
Q41: A firm uses technology in an offensive
Q42: The planning effort by the firm requires
Q44: In implementation process of the strategy, if
Q45: Firms must constantly seek to actively manage
Q46: Buyers gain power when the costs of
Q47: Strategic Planning is a single act that
Q48: Managers must be reactive and make technology
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