The Industrial Organization (I/O) Model Argues That

The industrial organization (I/O) model argues that:

A) the key factor in success is choosing the correct industry in which to compete.
B) the firm's internal resources and capabilities represent the foundation for development of a value-creating strategy.
C) the key to earning above-average returns is strategic flexibility.
D) the internal structure of the organization must match the industry in which it competes for it to earn above-average returns on investment.