As a Rule, the Collective Impact of Competitive Pressures Associated

question 90

Multiple Choice

As a rule, the collective impact of competitive pressures associated with the five competitive forces

• A)determines the strength of the industry's driving forces.
• B)determines the extent of the competitive pressure on industry profitability.
• C)means that fewer companies can achieve a competitive advantage via anything other than being the industry's low-cost leader.
• D)means there will be a larger number of competitive advantage opportunities for industry members.
• E)means there will be a greater number of industry key success factors.

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Definitions:

Eugene Debs

was an American socialist, political activist, trade unionist, and one of the founding members of the Industrial Workers of the World, as well as a five-time Socialist Party of America presidential candidate.

Nationalize

The process by which a government takes ownership and control of a private industry or assets, typically for the purpose of redistributing wealth and maintaining essential services.

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A progressive reform movement focused on the preservation andsustainable management of the nation’s natural resources.

Progressive Thrust

An impetus or drive towards reform and improvements in societal, political, or economic issues aiming for progress.