What is intensity of rivalry-high

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Question

Analysis of the influence of market selection in business strategy development. Your analysis should address the following:

1. What is the intensity of rivalry-high, medium, or low-within the industry? Explain your answer using the Rivalry Strategy Tool.

2. What is the intensity of supplier power-high, medium, or low-within the industry? Explain your answer using the Rivalry Strategy Tool.

3. What is the importance of correctly identifying and choosing a firm's industries and markets? Justify your answer with at least one example.

4. How does accounting for gaining and sustaining competitive advantage impact the success of business strategy development? Explain.

Reference no: EM133402685

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