Question: Steps involved in driving - forces analysis include identifying the driving forces, assessing whether their impact will make the industry more or less attractive, and

Steps involved in driving

-

forces analysis include

identifying the driving forces, assessing whether their impact will make the industry more or less attractive, and determining what strategy changes are needed to prepare for the impact of the driving forces.

discerning which among the five competitive forces is most potent and which is least potent.

determining which of the five competitive forces is the biggest driver of industry change.

predicting which new driving forces will emerge next.

developing a comprehensive list of all the potential causes of changing industry conditions.

Steps involved in driving-forces analysis include identifying the driving forces, assessing

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