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The Category Profile that involves evaluating the major forces and trends that are impacting in industry: including pricing, competition, regulatory forces, technology, and demand trends is called the A.Commodity Industry Analysis B.External Industry Analysis C.Global Industry Analysis D.Complete Industry Analysis E.Practical Industry Analysis

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The Category Profile that involves evaluating the major forces and trends that are impacting in industry: including pricing, competition, regulatory forces, technology, and demand trends is called the

A.Commodity Industry Analysis

B.External Industry Analysis

C.Global Industry Analysis

D.Complete Industry Analysis

E.Practical Industry Analysis

✅ Answers (1)

0
Private answer
  • External Industry Analysis

Explanation:

This falls under the category of external industry analysis which examines the industry environment of the company. The firm's operations are affected by both internal as well as external factors. These external factors under the external industry analysis includes political, demographic, global, technological, macroeconomic etc. The firm must consider creating strategic groups to handle certain factors in the external category such as pricing policy, the degree of vertical integration, market segments, and technological leadership.

 

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Answered on June 25, 2020 9:32 pm

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