When the collective strength of the five forces works against an industry:
A) Individual firms should compete on price.
B) Individual firms should move from one strategic group to another.
C) The profit potential is weak.
D) There is a high degree of profit potential.

Question

Quizplus · Accepted Answer

The stronger the forces, the lower the industry's ability to earn above-average profits.

When the Collective Strength of the Five Forces Works Against