Which is NOT considered a common driving force with the capability to produce major, lasting changes in an industry and competitive conditions?

changing societal concerns, attitudes, and lifestyles

movement in the economy and in interest rates

diffusion of technical know-how across companies and countries

Increasing globalization advances in technology and manufacturing process innovation

Question

Social Studies

Selina

21 July, 07:51

Which is NOT considered a common driving force with the capability to produce major, lasting changes in an industry and competitive conditions?

changing societal concerns, attitudes, and lifestyles

movement in the economy and in interest rates

diffusion of technical know-how across companies and countries

Increasing globalization advances in technology and manufacturing process innovation

+2

Answers (1)

Know the Answer?

Rhys Deleon · Answer 1

The correct answer is: Movement in the economy and in interest rates.

Explanation:

The driving forces of industry competitiveness conditions in the long term must somehow improve human capital, enhance better business and organization practices, incentivate technological breakthroughs capable of increasing productivity of factors, increase efficiency, among others.

All options are related, except for Movement in the economy and in interest rates, since this option is a) a short-term strategy and b) not directly imputable to the productive apparatus.