Which of the following factors are considered when analyzing an industry?

I. the nature and conditions of governmental regulations
II. the involvement and relations, if any, with labor unions
III. the development of new technologies relevant to the industry
IV. the extent of competition within the industry

A) I, II and IV only
B) II, III and IV only
C) I, II and III only
D) I, II, III and IV

Answer: D