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A Firm That Sells Sophisticated Equipment to Paper Manufacturers (For

Question 69

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A firm that sells sophisticated equipment to paper manufacturers (for example,Mead Corporation)learned that the same technology may have important potential in the lucrative food-processing industry. Potential customers here would include firms such as General Foods and Sarah Lee. Suggest several critical issues that this firm should address before embarking on this new strategy course.

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1. Market Research: The firm should cond...

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