The threat from rivalry is _________ when there is intense competition among many firms in an industry and _________ when competition is not as intense.
A) high; high
B) high; low
C) low; high
D) low; low

Question

Quizplus · Accepted Answer

The threat from rivalry is high when there is intense competition among many firms in an industry because firms are aggressively vying for market share and profits. It is low when competition is not as intense, as firms are not as aggressively competing against each other, leading to a more stable market environment.

The Threat from Rivalry Is _________ When There Is Intense