External competitiveness is primarily determined by the impact of government regulations on the firm or industry.

Name: External competitiveness is primarily determined by the impact of government regulations on the firm or industry.
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Question

Quizplus · Accepted Answer

External competitiveness is determined by factors such as quality, innovation, cost of production, and market conditions. While government regulations can have an impact, they are not the primary factor determining external competitiveness.

External Competitiveness Is Primarily Determined by the Impact of Government