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July 10, 2024

Key Factors for Success

Discuss with your class the key factors for future competitive success. List the common types of key success factors and answer the following questions:

On what basis do buyers of the industry’s product choose between the competing brands of sellers? What product attributes are crucial?

What resources and competitive capabilities does a company need to have to be competitively successful?

What shortcomings are almost certain to put a company at a significant competitive disadvantage?

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