Suppliers are powerful when substitutes are available, the selling industry is relatively consolidated and switching costs are low.
Correct Answer:
Verified
Q3: Because the health of a nation's economy
Q5: An attractive industry is one that is
Q6: When scanning, a firm often deals with
Q7: Competitor intelligence is the process of gathering
Q8: The objective of assessing the external environment
Q11: Typically, slow industry growth increases rivalry within
Q12: The political/legal segment is the arena in
Q13: Demographic, economic, political/legal, sociocultural, technological, global and
Q14: There is less competition between firms within
Q15: High exit barriers can cause a company
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