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NEW QUESTION: 1
A. Option E
B. Option D
C. Option C
D. Option A
E. Option B
Answer: A,C
NEW QUESTION: 2
What is the last step in Porter's framework for developing a competitive strategy in a fragmented industry?
A. Create a full list of reasons for fragmentation.
B. Evaluate whether a new structure will yield acceptable returns and what position the firm should occupy.
C. Determine the industry's structure.
D. Select the best strategy for operating in a fragmented environment.
Answer: D
Explanation:
The framework's initial steps determine the causes of fragmentation, analyze whether the causes can be overcome, and determine the best strategy if fragmentation can be overcome. The last step is determining the best strategy if fragmentation cannot be overcome.
NEW QUESTION: 3
A. Option D
B. Option C
C. Option A
D. Option B
Answer: B,D