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Immediate industry and competitive environments

Anonymous

∙ 10y ago

Updated: 11/14/2022

The immediate industry includes the competitive environment for business. It includes all the competition within the industry and governmental agencies regulating the business.

Wiki User

∙ 10y ago

What else can I help you with?

Is service and quality likely to be better in an industry dominated by a monopoly or in a perfectly competitive industryWhy?

in a perfectly competitive industry

What is the world's most competitive industry?

Four factors influence an industry's competitive rivalry and competitive dynamics?

Market commonality, resource similarities, reputation, and incentives are four factors that influence an industry's competitive rivalry and competitive dynamics. They can have a positive or negative effect.

What is the definition of competitive environment?

The competitive environment of a business is the part of a company's external environment that consists of other firms trying to win customers in the same market. It is the segment of the industry that includes all immediate rivals.

What is the Tailoring industry in the Philippines?

tailoring industry is one of the competitive enterprises in the Philippines .

The representative firm in a purely competitive industry?

will

What determines the Competitive intensity in industry?

Demand and the number of competitors in an industry influence the competitive nature of a business. Another factor to competition is profit margins.

What are the Five business-environments?

economic, competitive, technological, social, global

Is provision of internet access a competitive industry?

yes

What are the competitive forces that affect the motorcycle industry?

Competitive forces that affect the motorcycle industry include state regulations and the car industry. Insurance company policies also affect whether someone will purchase a motorcycle.

What business or industry is most likely to be found in a perfectly competitive market?

the adult film industry

Is a competitive advantage in a mature industry possible how can a firm differentiate in a mature industry?

Competitive advantage in a mature industry is definitely possible. There are many ways through which a firm can differentiate in a mature industry. Being unique and maintain quality are some of the basic aspects.

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