In general,when the level of competitive rivalry,the power of suppliers and buyers,and the possibility of substitutes and new entrants are all low,an industry has relatively few opportunities and numerous threats.

Question

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When the level of competitive rivalry, the power of suppliers and buyers, and the possibility of substitutes and new entrants are all low, an industry has relatively few threats and more opportunities. This is because there are no strong competitors, suppliers, buyers or substitutes to pose a threat, and it is easier for new entrants to establish themselves in the market. Therefore, the statement is false.

In General,when the Level of Competitive Rivalry,the Power of Suppliers