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Thus, the more intense the rivalry, the greater the threat to each firm’s profitability. Moreover,the strengths of the five industry forces differ across strategic groups.Because an implication ofstrategic groups is competitive rivalry, its firm size does matter.
Chapter 3: 2, 4, 5, 62. What is value? Why is it critical for the firm to create value? How does it do so?4. What are capabilities? How do firms create capabilities?