The homebuilding industry is not affected by such macro-influences as
A)changes in mortgage interest rates, rules, and regulations that make it easier/harder for homebuyers to obtain mortgages.
B)trends in household incomes and buying power.
C)the distinctive competences of incumbent firms.
D)disasters and other unanticipated events in the natural environment.
E)shifting preferences of families for renting versus owning a home, and/or homes of various sizes, styles, and price ranges.

Question

Quizplus · Accepted Answer

The distinctive competences of incumbent firms are industry-specific and not affected by macro-influences that impact the broader economy or consumer behavior. The other options listed involve factors that can influence the demand for and supply of homes and therefore impact the homebuilding industry.

The Homebuilding Industry Is Not Affected by Such Macro-Influences as