Which of the following is not generally a "driving force" capable of producing fundamental changes in industry and competitive conditions?
A. movement in the economy and in interest rates
B. product innovation and technological change
C. changes in the long-term industry growth rate
D. increasing globalization of the industry
E. regulatory influences and government policy changes
Answer: A
You might also like to view...
Which of the following would be true if Mr. Cartworth were to sell his property?
A) The new owner would not be obliged to let Ms. Rogers use her present driveway. B) The new owner would not be able to cancel Ms. Rogers's nonpossessory interest in the form of the driveway. C) Ms. Rogers would only be able to use the driveway if Mr. Cartworth expressly requests the new owner to allow it. D) Ms. Rogers would be required to procure a license to use the driveway.
Felix lost his job at an investment firm because of downsizing during a period of recession. To keep himself financially stable, he opened a food truck that became a huge success. Which of the following advantages of entrepreneurship initially motivated Felix to start the food truck?
A. Survival B. Independence C. Flexibility D. Challenge
Malcolm was involved in an auto accident. He was judged to be 20 percent at fault in the accident, and the other party was judged to be 80 percent at fault. Malcolm's actual damages were $40,000
Under a pure comparative negligence rule, how much will Malcolm receive for his injuries? A) $8,000 B) $24,000 C) $32,000 D) $40,000
Nancy Wong has decided to move from her apartment into a house she is purchasing. She wants to enjoy the advantages of home ownership, such as
A) a chance to build equity and wealth. B) greater control over decorations and home improvement. C) mortgage interest will probably be a tax deduction. D) over time being able to take out a home equity loan to enjoy a tax deduction. E) all of the above.