Industry Conditions Change

question 54

Multiple Choice

Industry conditions change

• A) because of such powerful driving forces as swings in buyer demand, changing interest rates, ups and downs in the economy, and higher/lower entry barriers.
• B) because of newly-emerging industry threats and industry opportunities that alter the composition of the industry's strategic groups.
• C) because new industry key success factors emerge.
• D) because important forces create pressures or incentives for industry participants (competitors, customers, suppliers) to alter their actions.
• E) chiefly because of changes in the barriers to entry and the degree of competition from substitute products.