Question: Facing a recent performance dip, ABC Electronics identified two key microenvironmental factors: heightened competition from new entrants and a shift in consumer preferences towards eco

Facing a recent performance dip, ABC Electronics identified two key microenvironmental factors: heightened competition from new entrants and a shift in consumer preferences towards eco-friendly devices. To address this, ABC Electronics conducted competitor analysis, adjusting marketing strategies for differentiation. Additionally, the company swiftly introduced an eco-friendly product line, leading to a maintained competitive edge and increased market share. Questions: 1. How can ABC Electronics strengthen its competitive position amidst ongoing changes in the micro-environment, particularly with the emergence of new competitors? 2. Considering the success of the eco-friendly product line, what additional strategies can ABC Electronics employ to capitalize on the sustainability trend and further enhance its overall business performance?

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