During the annual planning meeting, alexandria, president of a fortune 500 company, discussed with the upper management the strategic goal of expanding company operations across the globe. this long-term vision by alexandria is an example of e-commerce.

Which of the following best describes why you need to establish goals for your program?

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Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?