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  3. Study Set
    Strategic Management Study Set 1
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    Exam 2: Analyzing the External Environment of the Firm: Creating Competitive Advantages
  5. Question
    To Understand the Business Environment of a Particular Firm, You
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To Understand the Business Environment of a Particular Firm, You

Question 101

Question 101

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To understand the business environment of a particular firm, you need to analyze both the general environment and the firm industry and competitive environment.

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