The strongest of the five forces in most industries is ________.
A)rivalry among companies competing in the industry
B)bargaining power of buyers
C)threat of new entrants to the industry
D)threat of substitute products or services

Question

Quizplus · Accepted Answer

Rivalry among existing competitors is often the strongest force because it directly affects the competitive environment and profitability within an industry. High rivalry can lead to price wars, increased marketing costs, and the need for continuous innovation.

The Strongest of the Five Forces in Most Industries Is