Changes in an industry’s long-term growth rate, the entry or exit of major firms, and changes in cost and efficiency
Emerging new Internet technology applications, reductions in uncertainty and business risk, regulatory influences, and government policy changes
Mounting competition from substitutes, increasing efforts on the part of industry members to collaborate with suppliers, and the speed with which the number of industry key success factors is either rising or falling
Product innovation and changes in who buys the industry’s product and how they use it
Increasing globalization of the industry and marketing innovation
Jos Simulation Answered question April 4, 2025
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