An industry is defined as:

Related MCQs

• Which of the following is NOT an entry barrier to an industry?
• New entrants to an industry are more likely when (i.e., entry barriers are low when…)
• All of the following are forces that create high rivalry within an industry EXCEPT
• According to the five factors model, an attractive industry would have all of the following characteristics EXCEPT:
• In the airline industry, frequent-flyer programs, ticket kiosks, and e-ticketing are all examples of capabilities that are
• When an industry relies heavily on government contracts, which forecasts can be the most important part of an external audit.
• The environment is composed of elements in the broader society that can influence an industry and the firms within it.
• ---------- can also be defined as “a general direction set for the company and its various components to achieve a desired state in the future.
• ------- can be defined as the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives.
• A ------------ is defined as an organization that has developed the capacity to continuously learn, adapt, and change.