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Imagine you are creating a new product to sell in an up-and-coming market. Which of the below statements indicates that it would be difficult for you to enter this new market?

A. The threat of new entrants force is high in the up-and-coming market.
B. The threat of new entrants force is low in the up-and-coming market.
C. The threat of new entrants force is high during the summer months in the up-and-coming market.
D. All of the above depending on the time of year.

1 Answer

2 votes

Final answer:

A strategy map illustrates the four key drivers of a firm's long-term success and shows how goals in each area are linked to others.

Step-by-step explanation:

A strategy map illustrates the four key drivers of a firm's long-term success and shows how goals in each area are linked to others. It is a visual representation of a company's strategy and helps align objectives and initiatives across different departments and levels of the organization. The strategy map provides a clear and concise picture of how different actions and goals contribute to the overall success of the firm.

User Paul Nikonowicz
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