Driving-Forces Analysis Helps Managers Identify Whether

question 119

Multiple Choice

Driving-forces analysis helps managers identify whether

• A)the collective impact of the driving forces will act to increase/decrease market demand, increase/decrease competition, and raise/lower industry profitability in the years ahead.
• B)it will become more or less important to aim the company's strategy at being the industry's low-cost producer.
• C)the driving forces will have a bigger impact on company profitability than competitive forces.
• D)the industry is likely to become more or less vertically integrated and why.
• E)competitive advantages are likely to grow or diminish in importance.

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Definitions:

Former Employers

Previous individuals or organizations for whom someone has worked, providing a reference point for future employment opportunities.

Time Period

A defined duration of time with a specific start and end point.

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The process of analyzing information, identifying patterns, and solving problems through logical thinking.

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