Which of the following combinations can result in a best-case scenario?
A)Many competitors, high threat with and few entry barriers, and few customers
B)Many competitors, high threat with and few entry barriers, and many customers
C)Few entry barriers, many substitutes, and many customers
D)High industry growth, low threat with and many entry barriers, and customers with low bargaining power
E)Low industry growth, high threat with and few entry barriers, and suppliers with low bargaining power

Question

Quizplus · Accepted Answer

High industry growth, many barriers to entry, and a situation where customers have low bargaining power are all events that are favorable to a firm and therefore can be considered as a best-case scenario.

Which of the Following Combinations Can Result in a Best-Case