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

Movement in the economy and interest rates can have short-term effects on industry conditions, but they are not generally considered to be driving forces capable of producing fundamental changes in the industry. In contrast, changes in industry growth rate, increasing globalization, product innovation and technological change, and regulatory influences and government policy changes are all driving forces that can have significant and lasting impacts on industry conditions.

Which of the Following Is Not Generally a "Driving Force