Industry Conditions Change

question 53

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 forces create pressures or incentives for industry participants (competitors,customers,suppliers)to alter their actions in important ways.
• E)chiefly because of changes in the barriers to entry and the degree of competition from substitute products.

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Definitions:

Arterial Wall

The layered structure of an artery, consisting of connective tissue, smooth muscle, and endothelial cells, which maintain blood pressure and circulation.

Capillaries

The smallest blood vessels in the body's vascular system, involved in the exchange of water, oxygen, carbon dioxide, and other nutrients and waste substances between blood and tissues.

Endothelium

A thin layer of cells that lines the interior surface of blood vessels and lymphatic vessels, forming an interface between circulating blood or lymph in the lumen and the rest of the vessel wall.

Blood Pressure

The force exerted by circulating blood on the walls of blood vessels, often measured for diagnosing and monitoring various health conditions.