A competitive environment in which there is strong rivalry among sellers,low entry barriers,strong competition from substitute products,and considerable bargaining leverage on the part of both suppliers and customers
A) is competitively unattractive from the standpoint of earning good profits.
B) offers little ability to build a sustainable competitive advantage.
C) is highly conducive to achieving strong product differentiation and high brand loyalty.
D) offers moderate to good prospects for achieving low costs and building a sustainable competitive advantage.
E) requires that industry members have a strongly differentiated product offering in order to be profitable.
Correct Answer:
Verified
Q45: Driving forces analysis
A)involves identifying the driving forces,assessing
Q46: Steps involved in driving forces analysis include
A)developing
Q47: A strategic group consists of those firms
Q48: Which of the following are most unlikely
Q49: A competitive environment in which there is
Q51: Which of the following do not qualify
Q52: Increasing globalization can be a driving force
Q53: Based on an analysis of the five
Q54: An industry's driving forces
A)are generally determined by
Q55: Rivalry among competing firms tends to be
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