The number of firms a company must face, the relative size of these firms, and the degree of interdependence within the industry are all part of its _____ environment.

The number of firms a company must face, the relative size of these firms, and the degree of interdependence within the industry are all part of its _____ environment.



a. demographic
b. political
c. social
d. economic
e. competitive


Answer: E. competitive


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