A Federal Act Was Passed in the Country of Arahonia

Multiple Choice

A federal act was passed in the country of Arahonia which changed the way many of the Arahonian industries worked. Most of the firms in Arahonia had to restructure their strategic plans accordingly. This resulted in the larger firms acquiring the smaller ones which did not exit the market altogether. This scenario best illustrates a(n) ________.

A) technology change
B) regulatory force
C) economic change
D) cultural force