Multiple Choice
Evaluating the industry's driving forces,as a whole,requires understanding their influence on the attractiveness of industry environment and:
A) generally are determined by the sizes of strategic groups and the power of rival firms' competitive strategies.
B) generally are defined in ways that will strengthen or weaken market demand,competition,and industry profitability in future years.
C) frequently cause a reduction in the bargaining power of buyers.
D) normally are triggered by movement in the economy,higher or lower interest rates,or important new strategic alliances.
E) can be triggered by such factors as growing competitive pressures from substitute products,and the efforts of rival firms to employ new or different offensive strategies.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: The key success factors in an industry<br>A)are
Q44: Identify five factors that tend to intensify
Q75: The competitive battles among rival sellers striving
Q77: The strength of competitive pressures that suppliers
Q80: Good competitive intelligence about the strategic direction
Q81: Not all buyers of an industry's product
Q83: The lower the price of product substitutes,the
Q101: Identify four factors that affect whether an
Q103: The rivalry among competing sellers tends to
Q130: Not all buyers of an industry's product