Industry Conditions Change Because of

question 108

Multiple Choice

Industry conditions change because of

• A)such powerful driving forces as swings in buyer demand, changing interest rates, ups and downs in the economy, and higher/lower entry barriers.
• B)newly emerging industry threats and industry opportunities that alter the composition of the industry's strategic groups.
• C)newly emerging industry key success factors.
• D)important forces enticing or pressuring certain industry participants (competitors, customers, suppliers)to alter their actions in important ways.
• E)changes in the barriers to entry and the degree of competition from substitute products.

---

Definitions:

Proactive Interference

The phenomenon where older memories make it more difficult to remember new information.

Dissociation

A mental process of disconnecting from one’s thoughts, feelings, memories, or sense of identity.

Repression

A defense mechanism in psychoanalytic theory where unwanted or uncomfortable thoughts and memories are pushed into the unconscious mind.

Retroactive Interference

A memory phenomenon where newer information interferes with the recall of previously learned information.