Those variables that can affect significantly the overall competitive positions of companies within any particular industry are known as
A) external strategic factors.
B) internal strategic factors.
C) matrix factors.
D) key success factors.
E) industry scenario.

Question

Quizplus · Accepted Answer

Key success factors (KSFs) are variables that can have a significant impact on the overall competitive position of companies in a particular industry. These factors can be internal or external, and they are things that companies must do well in order to succeed in the industry. Identifying and focusing on these KSFs can help companies to develop effective strategies and stay competitive.

Those Variables That Can Affect Significantly the Overall Competitive Positions