Intense rivalry among existing firms can result in:
A)the introduction of new products or services.
B)lower profit margins as competitors jockey for position.
C)decreased capacity.
D)Both A and B.

Question

Quizplus · Accepted Answer

Intense rivalry among existing firms can lead to both the introduction of new products or services (option A) and lower profit margins as competitors jockey for position (option B). Option C, decreased capacity, is not typically a result of intense rivalry among existing firms.

Intense Rivalry Among Existing Firms Can Result In