The Final Step in Industry Analysis Is to

question 40

Multiple Choice

The final step in industry analysis is to

• A) draw a strategic-group map.
• B) identify the underlying drivers of the five forces.
• C) identify the key players in each of the five forces.
• D) define the relevant industry.

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Definitions:

Glass

A hard, brittle substance, typically transparent or translucent, made by fusing sand with soda and lime and cooling rapidly.

Density

Density is a measure of mass per unit volume of a substance, indicating how compact its mass is.

Displaces

Refers to the process by which one substance is replaced by another substance in a chemical reaction, often seen in displacement reactions.

Shard

A piece of broken ceramic, glass, metal, or other hard materials, typically having sharp edges.