________ refers to the firm's position compared to other firms in the industry,and,due to the benefits of international experience,is likely to grow.

Question

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Competitive strength refers to how well a firm can compete in the industry compared to other firms. The fact that the firm has international experience is likely to provide it with knowledge, skills, and advantages that can help it become more competitive and grow. Efficiency refers to how well a firm uses its resources to achieve its goals, profitability refers to how much money a firm makes after accounting for expenses, effectiveness refers to how well a firm achieves its objectives, and resourcefulness refers to a firm's ability to adapt and find new solutions to problems. While these factors can contribute to a firm's competitive strength, they do not directly refer to its position in the industry.

________ Refers to the Firm's Position Compared to Other Firms