Correctly diagnosing an industry's key success factors
A)points to those things that every firm in the industry needs to attend to in order to develop product propositions.
B)hints at the firm's ability to generate above-average profitability.
C)reveals that the firm's capabilities and resources are aligned with operating practices of industry participants.
D)raises a company's chances of crafting a sound strategy.
E)raises a company's sustainability dimensions and market characteristics in line with industry dynamics.

Question

Quizplus · Accepted Answer

Correctly diagnosing an industry's key success factors helps a company understand what is necessary to succeed in that industry, thereby increasing the likelihood of crafting a sound strategy that aligns with these critical factors.

Correctly Diagnosing an Industry's Key Success Factors