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Question 10 3 pts Which of the following statements are correct? (Select all that apply)...

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Finance

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Question 10 3 pts Which of the following statements are correct? (Select all that apply) In defining the relevant industry, the products are best treated as being part of the same industry if they have the same buyers, suppliers, barriers to entry, etc., in other words, if the industry structure is similar. Defining the industry in which a company operates too broadly overlooks commonalities and linkages across related products or geographic markets that are crucial to competitive advantage. Rivalry is especially destructive to profitability if it gravitates solely to price because price competition transfers profits directly from an industry to its customers

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