Some strategies to identify the factors an industry has been competing on for a long time include conducting a thorough industry analysis, studying market trends, observing the strategies of successful companies in the industry, and using analytical tools such as Porter's Five Forces or SWOT analysis. It's also beneficial to understand the historical context of the industry and the key events that have shaped its competitive landscape.
What’s the best way to turn business challenges into strategic opportunities? With a structured case...
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