Multiple Choice
Industry analysis aims to answer the question:
A) What are the forces within an industry that determine its size?
B) Based on these forces,what is the current and likely future number of firms in the industry?
C) How are the forces changing and expected to change,over time?
D) How will those changes affect the future size of the industry?
Correct Answer:
Verified
Correct Answer:
Verified
Q21: Extension of the 'five forces' framework moves
Q22: To gain an understanding of how each
Q23: Firms which offer complementary products or services
Q24: Pensions are one of the largest costs
Q25: Critical success factors vary across industries.
Q27: Industry life cycle models aim to explain
Q28: An industry is defined as:<br>A)all the productive
Q29: Explain what four components from Porter's original
Q30: Economic trends are often key drivers of
Q31: The elements of the macro-environment do NOT