The most powerful of the five competitive forces is usually
A) the competitive pressures that stem from the ready availability of attractively priced substitute products.
B) the competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage.
C) the benefits that emerge from close collaboration with suppliers and the competitive pressures that such collaboration creates.
D) the competitive pressures associated with the potential entry of new competitors.
E) the bargaining power and leverage that large customers are able to exercise.
Correct Answer:
Verified
Q21: The bargaining leverage of suppliers is greater
Q25: The rivalry among competing firms tends to
Q26: The "driving forces" in an industry
A) are
Q28: Which one of the following is not
Q29: The best test of whether potential entry
Q32: Which of the following is generally not
Q32: A competitive environment where there is strong
Q33: Factors that cause the rivalry among competing
Q34: Which one of the following does not
Q44: As a rule,the stronger the collective impact
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