Driving forces analysis
A)involves identifying the driving forces,assessing whether their impact will make the industry more or less attractive,and determining what strategy changes a company may need to make to prepare for the impact of the driving forces.
B)identifies which strategic group is the most powerful.
C)helps managers identify which industry member is likely to become (or remain)the industry leader and why.
D)helps managers identify which key success factors are most likely to help their company gain a competitive advantage.
E)helps managers identify which of the five competitive forces will be the strongest driver of industry change.

Question

Quizplus · Accepted Answer

Driving forces analysis involves identifying the key forces that will impact the industry and assessing their impact on the industry's attractiveness. Based on this assessment, companies can determine what strategy changes they need to make to prepare for the impact of the driving forces. The other options (B, C, D, and E) are not part of the driving forces analysis.

Driving Forces Analysis