The threat of rivalry tends to be high in an industry when firms are able to meaningfully differentiate their products.

Name: The threat of rivalry tends to be high in an industry when firms are able to meaningfully differentiate their products.
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Question

Quizplus · Accepted Answer

When firms can meaningfully differentiate their products, the threat of rivalry tends to be lower because differentiation reduces direct competition by creating unique value propositions.

The Threat of Rivalry Tends to Be High in an Industry