Based on evidence from the case, which of the following statements is NOT true about McDonald's and its competitors? Among restaurants, McDonald's, Wendy's, Subway, and Taco Bell are considered quick-service restaurants (QSRs), as compared with some other restaurants categorized as fast casual MCDonald's is approximately two times as large as its next largest global competitor McDonald's generates 30% of its revenue from only 5 menu items including burgers, chicken nuggets and fries McDonald's generates the highest proportion of its sales from lunch sales (rather than breakfast or dinner sales). The balance between industry supply and buyer demand in an industry, as well as, the growth in buyer demand, have an impact on three of the five forces. Select the answer below that indicates which three. (This answer can be found from reading the list of pressures for each force in figures 3.4, 3.5, 3.6, 3.7 and 3.8.) Substitutes, Buyer Power, and Switching Costs Buyer Power, Threat of Entry, and Competitor Rivalry Competitor Rivalry, Buyer Power, and Supplier Power Competitor Rivalry, Substitutes, and Buyer Power Threat of Entry, Substitutes, and Competitor Rivalry Which of the following is NOT true of driving forces? Of all the forces impacting a company, only 3 or 4 are likely to be true driving forces. Product life cycle changes within the industry are one kind of driving force. The real payoff for strategy comes in drawing conclusions about strategic changes that should be made as a result of those driving forces. Changes in product production costs among competitors qualify as a driving force. One of the most important aspects of analyzing driving forces is to determine their collective impact on industry supply and demand. Based on evidence from the case, which of the following statements is NOT true about McDonald's and its competitors? Among restaurants, McDonald's, Wendy's, Subway, and Taco Bell are considered quick-service restaurants (QSRs), as compared with some other restaurants categorized as fast casual MCDonald's is approximately two times as large as its next largest global competitor McDonald's generates 30% of its revenue from only 5 menu items including burgers, chicken nuggets and fries McDonald's generates the highest proportion of its sales from lunch sales (rather than breakfast or dinner sales). The balance between industry supply and buyer demand in an industry, as well as, the growth in buyer demand, have an impact on three of the five forces. Select the answer below that indicates which three. (This answer can be found from reading the list of pressures for each force in figures 3.4, 3.5, 3.6, 3.7 and 3.8.) Substitutes, Buyer Power, and Switching Costs Buyer Power, Threat of Entry, and Competitor Rivalry Competitor Rivalry, Buyer Power, and Supplier Power Competitor Rivalry, Substitutes, and Buyer Power Threat of Entry, Substitutes, and Competitor Rivalry Which of the following is NOT true of driving forces? Of all the forces impacting a company, only 3 or 4 are likely to be true driving forces. Product life cycle changes within the industry are one kind of driving force. The real payoff for strategy comes in drawing conclusions about strategic changes that should be made as a result of those driving forces. Changes in product production costs among competitors qualify as a driving force. One of the most important aspects of analyzing driving forces is to determine their collective impact on industry supply and demand
