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Table 3 Firm’s responses for competing environment.

From: Linking Porter’s generic strategies to firm performance

Study of environment variables

Minimum

Maximum

Mean

Std. deviation

A small number of firms are dominant in the market

1

5

2.63

1.775

Products/services are similar in the market

1

5

4.29

1.151

A large number of firms offer similar products/services

1

5

4.26

1.144

In our industry, there is a decrease in requirement

1

5

3.48

1.617

Obstacles to get out of market are high

1

5

3.03

1.367