Thinking strategically about industry and competitive conditions in a given industry involves evaluating such considerations as a. cultural, lifestyle, and demographic changes.
b. the birth of new industries, new knowledge, and disruptive technologies.
c. weather, climate change, and water shortages.
d. interest rates, exchange rates, unemployment rates, inflation rates, and economic growth.
e. how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently.

In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society? a. two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells.b. two airlines dominate air travel between city a and city b, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities.c. two superpowers decide whether to build new weapons or to disarm.d. in all of the above cases, the cooperative outcome of the game is good for the two players and bad for society