The competitive pressures on companies within an industry comes from those:
A) associated with the market maneuvering and jockeying for buyer patronage that goes on among rival firms in the industry.
B) companies in other industries attempting to win buyers over to their substitute products.
C) associated with the threat of new entrants into the marketplace.
D) associated with the bargaining power of suppliers and customers.
E) All of these.

Question

Quizplus · Accepted Answer

All of these factors contribute to the competitive pressures on companies within an industry. Market maneuvering and jockeying for buyer patronage among rival firms, the threat of substitute products from other industries, the threat of new entrants into the marketplace, and the bargaining power of suppliers and customers all play a role in shaping the competitive landscape of an industry. Companies must navigate these pressures in order to succeed and thrive in their respective markets.

The Competitive Pressures on Companies Within an Industry Comes from Those