Question $10$

Which of the following are important considerations in evaluating whether an industry's outlook is conducive to good profitability?

The industry's growth potential, the anticipated strength of competitive forces, and whether the industry and the company are

being favorably or unfavorably impacted by macro$-$environmental factors

The number of industry key success factors and the percentage of industry members that are attractively positioned on the

industry's strategic group map

How many of the five competitive forces are weak, the number of rivals in the company's strategic group, whether entry barriers

into the industry are high or low, and how rapidly the production technology employed by industry members is changing.

Whether the number of strategic groups in the industry is increasing or decreasing and whether low unit costs and high profit

margins are key success factors

Whether the average profitability of industry members has risen or fallen over the past five years and whether there are strong

reasons for industry members to spend heavily on new product $R$&$D$