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What are the Key Success Factors for operating...

What are the Key Success Factors for operating in a competitive market place in your view?

What are the Key Success Factors for operating in a competitive market place in your view?

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Chiranjibi Chapagain Mar. 22, 2018

Those functions, activities, or business practices, defined by the market not the company, and as viewed by customers that are critical to the company/customer relationship. Key Success Factors (KSF) are generally three to five areas that a company may focus on, to attain its vision.

KSFs are the rules that shape whether a company will be financially and competitively successful. Important key success factors for operating in competitive markets are:

  • What is the cost structure of the market?
  • What is the price sensitivity of the market?
  • What is the technological structure of the market?
  • How efficient is the existing distribution system of the market?
  • How mature is the market?

What are the Key Success Factors for operating in a competitive market place in your view?

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