Thm 3312 - Study guides, Class notes & Summaries

THM 3312 Exam 1 Latest 2023 with complete solution What is the strategy? A plan of action or policy to achieve a major or overall aim Understanding of broad environment and components Societal trends and influences Technological advances Major innovations in other industries Economic factors Political and legal trends and influences Suppliers are powerful if: The industry is dominated by a few firms Their products have few substitutes Their product is important input to buyers' pr...