Which of the following do not qualify as potential driving forces capable of inducing fundamental changes in industry and competitive conditions? Copyright by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation. O Reductions in both supplier and buyer bargaining power and higher barriers to entry into the industry O Reductions in uncertainty and business risk, changes in who buys the product and how they use it, and diffusion of technical know-how across more companies and more countries O Changes in an industry's long-term growth rate and changes in cost and efficiency O Entry or exit of major firms, government policy changes and/or regulatory influences O Growing buyer preferences for a more standardized product instead of strongly differentiated products (or for a more differentiated product instead of nearly identical or weakly differentiated products)

Which of the following do not qualify as potential driving forces capable of inducing fundamental changes in industry and competitive conditions? Copyright by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation. O Reductions in both supplier and buyer bargaining power and higher barriers to entry into the industry O Reductions in uncertainty and business risk, changes in who buys the product and how they use it, and diffusion of technical know-how across more companies and more countries O Changes in an industry's long-term growth rate and changes in cost and efficiency O Entry or exit of major firms, government policy changes and/or regulatory influences O Growing buyer preferences for a more standardized product instead of strongly differentiated products (or for a more differentiated product instead of nearly identical or weakly differentiated products)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Which of the following do not qualify as potential driving forces capable of inducing fundamental
changes in industry and competitive conditions?
Copyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation.
O Reductions in both supplier and buyer bargaining power and higher barriers to entry into the
industry
O Reductions in uncertainty and business risk, changes in who buys the product and how they
use it, and diffusion of technical know-how across more companies and more countries
O Changes in an industry's long-term growth rate and changes in cost and efficiency
O Entry or exit of major firms, government policy changes and/or regulatory influences
O Growing buyer preferences for a more standardized product instead of strongly differentiated
products (or for a more differentiated product instead of nearly identical or weakly
differentiated products)
G
G
C

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