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Identify different categories of information affecting the firm's macro-environment a. Existing competitors b. New Competition c. Suppliers d. Substitutes e. Buyers - Have the ability

Identify different categories of information affecting the firm's macro-environment

a.

Existing competitors

b.

New Competition

c.

Suppliers

d.

Substitutes

e.

Buyers

-

Have the ability to decrease the firm's revenue.

-

Recently began operating in the industry or will begin operating in the industry soon.

-

Threatens the focus firm by reducing economic profits.

-

Meet approximately the same customer needs but in different ways.

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