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According to Porter, what factors determine the level of competitive intensity in an industry? Please briefly explain each factor. Describe the importance of entry barriers
- According to Porter, what factors determine the level of competitive intensity in an industry? Please briefly explain each factor.
- Describe the importance of entry barriers in an industry. Please choose a specific industry to analyze.
- According to Miles and Snow, competing firms within a single industry can be classified as four basic strategic types. Briefly describe each of the four types.
- Please use Barney's VRIO framework of analysis to evaluate a firm's competencies. Please choose a specific firm to analyze.
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