In Evaluating Whether the Industry and Competitive Environment Presents Sufficiently

question 57

Multiple Choice

In evaluating whether the industry and competitive environment presents sufficiently attractive prospects for both competitive success and attractive profits usually does NOT involve a consideration of which of the following factors?

• A) the industry's growth potential and whether competitive pressures will likely grow stronger or weaker, and whether strong competitive forces are squeezing industry profitability to subpar levels
• B) whether the company occupies a stronger market position than rivals
• C) whether the industry's future profitability will be favorably or unfavorably affected by the prevailing driving forces
• D) the severity of the macro-environment problems confronting the industry
• E) whether the industry's product is strongly or weakly differentiated

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Definitions:

Basic Norms

Fundamental guidelines or rules that are understood and shared within a social group, guiding members' behavior and interactions in consistent and predictable ways.

Lasts Longer

Refers to something that endures or remains functional, relevant, or intact for an extended period beyond usual expectations.

Mood

A temporary state of mind or feeling that can influence an individual's perception and behavior.

Surface Acting

A person suppresses their true feelings while displaying the organizationally desirable ones.