Driving-Forces Analysis Has

question 135

Multiple Choice

Driving-forces analysis has

• A)speculative value because it compels the firm to drive strategic intent and collective choice into operating practices.
• B)theoretical value because it allows managers to visualize the many different dimensions of the preferred forces that allow for industry functionality.
• C)practical value and is basic to the task of thinking strategically about where the industry is headed and how to prepare for the changes ahead.
• D)no real analytical value because the driving forces are already established in the marketplace and it is too late to make astute and timely strategy adjustments.
• E)perceived value and is associated with identifying the close and distant rivals within an operating industry.

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The ability to understand or grasp the meaning of something.

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The action of explaining the meaning of something or presenting in understandable terms.