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.

---

Definitions:

Accommodation

The eye's ability to change its focus from distant to near objects, achieved by changing the lens shape.

Diverge

To move or extend in different directions from a common point; to branch off.

Photopupillary Reflex

The reflexive constriction of the pupil in response to bright light, which helps to protect the retina from potential damage by reducing the amount of light entering the eye.

Oculomotor

Relating to the eye's movements or the muscles and nerves controlling them, especially associated with the third cranial nerve.