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In identifying an industry's key success factors, strategists should a . try to single out all factors that play a major role in shaping whether
In identifying an industry's key success factors, strategists should
a try to single out all factors that play a major role in shaping whether buyer demand grows rapidly or slowly.
b consider whether the number of strategic groups is increasing or decreasing and whether the five competitive forces are powerful or relatively weak.
c focus their attention on what it will take to capitalize on the impacts of the industry's driving forces.
d consider what it will take to overtake the company with the industry's overall best strategy.
e consider on what basis customers choose between competing brands, what resources and competitive capabilities firms need to be competitively successful, and what shortcomings are almost certain to put a company at a significant competitive disadvantage.
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