Changing the industry structure is:
A)Not really within the power of a single firm.
B)An endeavor that firms are undertaking on a permanent basis with great success
C)A risky strategic move that may backfire, because of retaliation from the industry's incumbents
D)Sometimes possible even by small firms, if the mix of drivers for change and existing structure make it susceptible to change

Question

Quizplus · Accepted Answer

While changing the industry structure is not easy and not within the control of a single firm, it is sometimes possible for even small firms to do so if the mix of drivers for change and existing structure make it susceptible to change. However, it is still a risky move as there may be retaliation from industry incumbents.

Changing the Industry Structure Is