Which of the following driving forces would have the LEAST impact on the attractiveness of the automobile industry?
A) changes in the long-term industry growth rate
B) entry or exit of major firms
C) shifts in who buys the product and how the product is used
D) changes in costs and efficiency
E) regulatory influences and government policy changes

Question

Quizplus · Accepted Answer

Shifts in who buys the product and how the product is used typically have less impact on the overall attractiveness of the automobile industry compared to factors like growth rates, major firm dynamics, cost changes, and regulatory influences, which directly affect industry profitability and competitive dynamics.

Which of the Following Driving Forces Would Have the LEAST