The rules of thumb for doing business in an industry that reflect the structural conditions of that industry are called
A) core competencies.
B) key success factors.
C) distinctive competencies.
D) required assets.

Question

Quizplus · Accepted Answer

Key success factors are the rules of thumb for doing business in an industry that reflect the structural conditions of that industry. They are the critical elements necessary for a company to achieve its goals and compete effectively.

The Rules of Thumb for Doing Business in an Industry