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 |