Indicate whether the following statement is true or false: A firm’s future competitors are its most important ones.

The statement is false. While future competitors may pose a threat to a firm's long-term success, current competitors are typically more immediate and a firm's strategies and actions should be focused on competing against them. Additionally, other factors such as market trends, customer preferences, and regulatory changes may have a greater impact on a firm's success than future competitors. Therefore, it is important for a firm to analyze and address both current and potential future competitors, but not necessarily place greater importance on the latter.