Which of the following is NOT generally a "driving force" capable of producing fundamental changes in industry and competitive conditions?
A) Changes in the long-term industry growth rate
B) Increasing globalization of the industry
C) Product innovation and technological change
D) Movement in the economy and in interest rates
E) Regulatory influences and government policy changes

Question

Quizplus · Accepted Answer

While variations in the economy and interest rates can affect consumer behavior and purchasing power, they are not generally considered driving forces behind fundamental changes in industry and competitive conditions. The other options, including changes in industry growth rate, increasing globalization, product innovation and technological change, and regulatory influences/government policy changes, are all well-recognized drivers of industry change.

Which of the Following Is NOT Generally a "Driving Force