Which of the following is most. likely to qualify as a driving force?
A)increases in price cutting by rival sellers and the launch of major new advertising campaigns by one or more rivals
B)successful introduction of innovative new products or new ways to market products
C)an increase in the prices of substitute products
D)decisions on the part of industry's three biggest competitors not to pursue a strategy of striving to be the industry's low-cost leader
E)decisions by one or more outsiders not to attempt to enter the industry

Question

Quizplus · Accepted Answer

The successful introduction of innovative new products or new ways to market products is most likely to qualify as a driving force because it can lead to changes in the industry and the way competitors do business. It can also create new opportunities for growth and market share. The other options, while they may have an impact on the industry, are not necessarily driving forces that will cause significant changes.

Which of the Following Is Most