The Task of Driving Forces Analysis Is To

question 17

Multiple Choice

The task of driving forces analysis is to:

• A) develop a comprehensive list of all the potential causes of changing industry conditions.
• B) predict which new driving forces will emerge next.
• C) determine which one of the five competitive forces is the biggest driver of industry change.
• D) identify the driving forces,assess whether their impact will make the industry more or less attractive,and determine what strategy changes are needed to prepare for the impacts of the driving forces.
• E) learn what the industry key success factors are and how they might change in the future.

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Definitions:

Automobile Factory

A manufacturing facility where cars are produced, involving assembly lines and parts fabrication processes.

Null Hypothesis

An assumption in statistical analysis that proposes no significant relationship or difference exists among specified groups or variables.

Energy Consumption

The amount of energy utilized by specific processes, devices, systems, or by a society, typically measured in units such as joules, kilowatt-hours, or calories.

U.S. Regions

Geographic areas in the United States characterized by specific climatic, cultural, economic, or demographic traits.