Industrial organization theorists argue that external factors are more important than internal factors to a firm`s...

80.2K

Verified Solution

Question

General Management

Industrial organization theorists argue that external factorsare more important than internal factors to a firm`s achievement ofcompetitive advantage. Explain both your and their position

Answer & Explanation Solved by verified expert

3.9 Ratings (369 Votes)

According to Industial Organisation the attractivenes of industry depend on the five forces competition of firms with in thw industry bargaining power of buyers and suplliers threat of new entrant and substitue products External Factors includes legal social economical political and technological changes It helps in coping up with current environment situation by using well developed technology we can use our See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!

Become a Member

Industrial organization theorists argue that external factors are more important than internal factors to a firm`s...

80.2K

Verified Solution

Question

General Management

Industrial organization theorists argue that external factorsare more important than internal factors to a firm`s achievement ofcompetitive advantage. Explain both your and their position

Answer & Explanation Solved by verified expert

Get Answers to Unlimited Questions

Membership Benefits:

Other questions asked by students

Explain how you would plot the point 1 5 on a coordinate plane

Erma’s Beauty Supply is considering expanding the existing store. Erma wants to lease the office space...

Explain the biochemical steps of what happens when someone falls into a swimming pool and is...

Current Attempt in Progress Pleasant Company has decided to begin accumulating a fund for plant...

If 3 gallons of paint covers925 ft, how many gallonswould be needed to cover2775 ft?[?]...

XOT23 P x 0 0 15 1 0 25 0 15 3 0 45 Find...

Find the area under the standard normal curve between these values z 0 and z...

Calculate 7x10 5 3 10 3 Write your answer in scientific notation 1 x10

All of the following may be considered in computing the QBI deduction, EXCEPT: Taxpayer's...

For many decades, professionals in most service industries have used some form of hourly based...

Round Barn stock has a required return of 10.00% and is expected to pay a...

1. Describe the benefits to entrepreneurs of belonging to business incubators and seed accelerators. ...