Which of the Following Is Not Generally a "Driving Force

question 64

Multiple Choice

Which of the following is not generally a "driving force" capable of producing fundamental changes in industry and competitive conditions?

• A)changes in the long-term industry growth rate
• B)increasing globalization of the industry
• C)product innovation and technological change
• D)movement in the economy and in interest rates
• E)regulatory influences and government policy changes

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Definitions:

Event

An occurrence or happening, especially one of significance, that can be observed or participated in.

Dependent

Relies on or is determined by another object, condition, or factor.

Independent Events

Two or more events where the occurrence of one does not affect the probability of the other(s).

Probability

A quantification of the probability that a given event will happen, usually represented as a numerical value ranging from 0 to 1.