Thinking strategically about industry and competitive conditions in a given industry involves evaluating such considerations as
A.
cultural, lifestyle, and demographic changes.
B.
the birth of new industries, new knowledge, and disruptive technologies.
C.
weather, climate change, and water shortages.
D.
interest rates, exchange rates, unemployment rates, inflation rates, and economic growth.
E.
how
often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently.
Which of the following do not qualify as potential driving forces capable of inducing fundamental changes in industry and competitive conditions?
A.
Changes in who buys the product and how they use it, changes in the long-term industry growth rate,
and changes in cost and efficiency
B.
Entry or exit of major firms, product innovation, and marketing innovation
C.
Increases in the economic power and bargaining leverage of customers and suppliers, growing supplier-seller collaboration, and growing buyer-seller collaboration
D.
Diffusion of technical know-how and changing societal concerns, attitudes, and lifestyles
E.
Changes in manufacturing processes brought on by technological change, increasing
globalization of the industry, and new Internet capabilities