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:

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Test-Retest

To determine the reliability of a measure by testing and retesting it under the same conditions. If the measure is reliable, it will produce similar results each time.

Inter-Item Reliability

A measure of whether the individual questions in a question set are consistent in their results. See also internal reliability.

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