Emerging new Internet technology applications, reductions in uncertainty and business risk, regulatory influences, and government policy changes
Changes in an industry’s long-term growth rate, the entry or exit of major firms, and changes in cost and efficiency
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
Increasing globalization of the industry and marketing innovation
Product innovation and changes in who buys the industry’s product and how they use it
Jos Simulation Answered question April 5, 2025
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