What competitive factors play a major role in the industry and how strong?
The following are the competitive factors which play a major role in any Industry:
1. Financial capability of the firm
2. Technological superiority
3. Talented pool of employees
4. Strong distribution network
5. Focused Research and Development activities
6. Launching the new product as per the expectation of the consumers
Yes indeed these are the most important competitive factors that play an essential role in achieving competitive superiority
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