Steps Involved in Driving Forces Analysis Include

question 45

Multiple Choice

Steps involved in driving forces analysis include:

• A) developing a comprehensive list of all the potential causes of changing industry conditions.
• B) predicting which new driving forces will emerge next.
• C) determining which of the five competitive forces is the biggest driver of industry change.
• D) identifying the driving forces,assessing whether their impact will make the industry more or less attractive,and determining what strategy changes are needed to prepare for the impact of the driving forces.
• E) All of these choices are correct.

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Definitions:

Stereotype Threat

The fear or anxiety of confirming negative stereotypes about one’s group, which can impair performance.

Ingroup Bias

The tendency to favor members of one's own group over those in other groups, often leading to preferential treatment and prejudice.

Disidentification

A psychological process where an individual disengages their identity and self-worth from domains in which they experience threat or failure.

Stereotype Lift

The performance improvement that occurs when individuals are aware of a positive stereotype about their group, enhancing their confidence and test performance.