Driving Forces Analysis Helps Managers Identify Whether

question 101

Multiple Choice

Driving forces analysis helps managers identify whether

• A) the combined impacts 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:

Human Personality

The combination of characteristics or qualities that form an individual's distinctive character.

The Id

A component of Freud's psychoanalytic theory referring to the part of the mind that contains innate psychic energy, primarily responsible for instincts and desires.

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