The nature and strength of the competitive forces that prevail in an industry is generally a joint product of
A) the pressures induced by the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry.
B) the threat that firms outside the industry will decide to enter the market.
C) the attempts of companies in other industries to win buyers over to their own substitute products.
D) competitive pressures stemming from the bargaining power of both suppliers and buyers.
E) All of these.
Correct Answer:
Verified
Q1: Which of the following is not a
Q3: Which of the following is not one
Q4: Factors that tend to result in weak
Q5: Which one of the following is not
Q6: The state of competition in an industry
Q7: Thinking strategically about industry and competitive conditions
Q8: A company's "macro-environment" refers to
A) the industry
Q10: The rivalry among competing firms tends to
Q11: Typically,the weakest of the five competitive forces
Q38: Rivalry among competing sellers is generally more
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