Industry Key Success Factors of HVAC Industry- identify 3-5 KSF in the HVAC Industry that are truly critical to long-term competitive success, survival, and growth in the HVAC Industry. Technology, Manufacturing, Distribution, Marketing, and Skills and Capability related. Properly identified with adequate references and convincing arguments.
Key Questions to consider:
1. On what basis do buyers of the industry’s product choose between the competing brands of sellers. What product attributes are crucial?
2. Given the nature of the competitive forces prevailing in the marketplace what resources and competitive capabilities does a company need to be competitively successful?
3. What shortcomings are almost certain to put a company at a significant competitive advantage?
At least 2-3 pages and 2-3 more references besides the textbook listed below.
Gamble, J., Thompson, A., Peteraf, M. (2016). Essentials of Strategic Management: The Quest for Competitive Advantage (5th Edition). McGraw-Hill Education (59-61)
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