Evaluating Whether an Industry Presents a Sufficiently Attractive Business Opportunity

question 59

Multiple Choice

Evaluating whether an industry presents a sufficiently attractive business opportunity usually does not involve a consideration of which of the following factors?

• A) the industry's growth potential
• B) whether competitive pressures will likely grow stronger or weaker
• C) whether the industry's future profitability will be favorably or unfavorably affected by the prevailing driving forces
• D) the company's competitive position in the industry and its ability to perform industry key success factors
• E) whether the industry's product is strongly or weakly differentiated

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Definitions:

Chilopods

A class of arthropods commonly known as centipedes, characterized by elongated bodies and a pair of legs per body segment.

Arachnids

Eight-legged arthropods, such as spiders, scorpions, ticks, and mites.

True Coelom

A body cavity completely lined by mesoderm, found in most multicellular animals, facilitating the development of more complex structures.

Open Circulatory System

A type of circulatory system in which the blood bathes the tissues directly; characteristic of arthropods and many mollusks. Compare with closed circulatory system.