Evaluating the Industry's Driving Forces,as a Whole,requires Understanding Their Influence

question 78

Multiple Choice

Evaluating the industry's driving forces,as a whole,requires understanding their influence on the attractiveness of industry environment and:

• A) generally are determined by the sizes of strategic groups and the power of rival firms' competitive strategies.
• B) generally are defined in ways that will strengthen or weaken market demand,competition,and industry profitability in future years.
• C) frequently cause a reduction in the bargaining power of buyers.
• D) normally are triggered by movement in the economy,higher or lower interest rates,or important new strategic alliances.
• E) can be triggered by such factors as growing competitive pressures from substitute products,and the efforts of rival firms to employ new or different offensive strategies.

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