Factors that cause the rivalry among competing sellers to be weak include
A) low buyer switching costs and rival sellers that are relatively equal is size and capability.
B) rapid growth in buyer demand and high buyer switching costs.
C) few industry rivals that any one company's actions can easily be anticipated and countered by its rivals.
D) low barriers to entry and weakly differentiated products among rival sellers.
E) slow growth in buyer demand and strongly differentiated products.

Question

Quizplus · Accepted Answer

When there is rapid growth in buyer demand and high switching costs, the competition tends to focus on meeting the increasing demand rather than competing with each other, leading to weak rivalry. This reduces the intensity of competition among sellers.

Factors That Cause the Rivalry Among Competing Sellers to Be