Multiple Choice
A firm's strategic position is likely to be strong when
A) the entry barriers within the industry it operates in are low and the exit barriers are high.
B) its suppliers and vendors can easily forward integrate and buyers can backward integrate.
C) all the five forces in Porter's model are strong.
D) the gap between the value the firm's product generates and the cost to produce it is large.
Correct Answer:

Verified
Correct Answer:
Verified
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