Evaluating the Industry's Driving Forces, as a Whole, Requires Understanding

question 50

Multiple Choice

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

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

---

Definitions:

Oral Stage

The first stage in Freud's psychosexual development, occurring from birth to about 18 months, where an infant's pleasure centers are in the mouth.

First Year

Refers to the initial year of an entity or event, often used to describe the first year of life or the first year in educational settings.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to a learned response.

Stimulus

A signal or piece of data that elicits or influences a physiological or psychological response or activity.