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Which of the following is a true statement about competitive forces (i.e., competitive set)? Question 26Answer a. Ritz Carlton and Motel 6 are not in

Which of the following is a true statement about competitive forces (i.e., competitive set)? Question 26Answer a. Ritz Carlton and Motel 6 are not in the same competitive set. b. Toyota and Honda are in the same competitive set. c. Firms in the same industry with similar activities/processes, similar approaches to strategic success, and similar product/services are in the same competitive set. d. Reassessment of your competitive set on a periodic basis is necessary in order to fully capture the value of competitive forces analysis. e. All of the above are true statements

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