Which of the following is an industry force that shapes the attractiveness of a competitive environment?
A)competitor intelligence
B)knowledge advantage
C)cost advantage
D)market share advantage
E)customer buying power

Question

Quizplus · Accepted Answer

Customer buying power is an industry force that shapes the attractiveness of a competitive environment. When customers hold significant buying power, they can negotiate lower prices and better deals, which can negatively affect the profitability of businesses in the industry. This can result in increased competition and decreased attractiveness of the industry.

Which of the Following Is an Industry Force That Shapes