The Steps Involved in Driving Forces Analysis Are

question 30

Multiple Choice

The steps involved in driving forces analysis are

• 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.

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Definitions:

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring, a key mechanism in evolution.

Reproduce

The biological process by which organisms produce offspring, either sexually or asexually, ensuring the continuation of their species.

Physically Fit

A state or condition of health and physical well-being, characterized by the ability to perform aspects of sports, occupations, and daily activities without undue fatigue.

Nature Versus Nurture

A debate in psychology and sociology regarding the relative importance of genetic qualities (nature) and personal experiences (nurture) in determining or causing individual differences in physical and behavioral traits.