The Real Payoff of Driving Forces Is to Help Managers

question 75

Multiple Choice

The real payoff of driving forces is to help managers understand

• A)what strategy changes are needed to prepare for the impacts of the driving forces.
• B)the overall strength of the five competitive forces.
• C)whether the industry's strategic group map will be static or dynamic.
• D)what conditions exist in the economy at large.
• E)the extent to which rivals have more than two competitively valuable competencies or capabilities.

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Definitions:

Business Plan

A precise statement of the rationale for a business and a step-by-step explanation of how it will achieve its goals.