Question

The driving forces in an industry are usually triggered by changing technology or stronger learning/experience curve effects. are usually spawned by growing demand for the product, an outbreak of price cutting, and big reductions in entry barriers. are major underlying causes of change in industry and competitive conditions and have the biggest influences in reshaping the industry landscape and altering competitive conditions. appear when an industry begins to mature but are seldom present during early stages of the industry life cycle. are usually triggered by shifting buyer needs and expectations or by the appearance of new substitute products.

Answer 1

Answer:

The driving forces in an industry are:  Option C: major underlying causes of change in industry and competitive conditions and have the biggest influences in reshaping the industry landscape and altering competitive conditions.

Explanation:

Driving force of any organization can be external or internal forces. External ones are like the competitors, profits or technology. Internal forces can be the knowledge of employees, office politics and even competence of all office people). All these factors influence the industries and help them shape the future of an organization.

Thus, Option C is the most appropriate driving force because it causes change in industry and create competition among industries and reshape the industry landscape.