In most markets, multiple firms compete for the same set of buyers with similar goods or services.
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Q8: Suppliers are least powerful when they are
Q9: Suppliers are powerful if their buyers cannot
Q10: Asymmetries are differences among firms that explain
Q11: A strategist involved in a hypercompetitive environment
Q12: A focus strategy concentrates on achieving cost
Q14: The Bell System company is an example
Q15: Rivalry decreases (and profits tend to go
Q16: Substitutes do not have the potential to
Q17: Complementary products or services can enhance the
Q18: Changes in the macro environment can be
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