What is the intensity of supplier power-high

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Question: Provide analysis of the influence of market selection in business strategy development using "State Farm Adjusts to a Changing World on pages 17-18 of Dyer, Godfrey, Jensen, and Bryce (2020)". Include answers to the following: What is the intensity of rivalry-high, medium, or low-within the industry? Explain your answer using the Rivalry Strategy Tool.

What is the intensity of supplier power-high, medium, or low-within the industry? Explain your answer using the Rivalry Strategy Tool.
What is the importance of correctly identifying and choosing a firm's industries and markets? Justify your answer with at least one example.
How does accounting for gaining and sustaining competitive advantage impact the success of business strategy development? Explain.

Reference no: EM133586829

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