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)Ups and downs in the economy and interest rates
E)New government regulations or significant changes in government policy toward the industry

Question

Quizplus · Accepted Answer

Ups and downs in the economy and interest rates may have short-term effects on industry and competitive conditions, but they are not generally a driving force capable of producing fundamental changes. The other options - changes in industry growth rate, increasing globalization, product innovation and technological change, and new government regulations or policies - all have the potential to significantly impact industries and lead to fundamental changes in competitive conditions.

Which of the Following Is Not Generally a Driving Force