The marketplace being a competitive battlefield is primarily due to
A) the ongoing race among rivals to achieve the fastest rate of growth in revenues and profits.
B) the ongoing efforts of industry members to introduce innovative products/services as fast followers into the marketplace.
C) the ability of industry rivals to build strong defenses against the industry's driving forces.
D) the constant rivalry of firms to strengthen buyer patronage among competing sellers of a product or service,in order to win a competitive edge over rivals.
E) the efforts of industry incumbents to lower cost products/services at a faster rate than their rivals.
Correct Answer:
Verified
Q1: _ is/are the strategically relevant factors outside
Q3: Which of the following is not one
Q4: Which of the following factors is not
Q5: Which of the following is not a
Q6: Competitive pressures stemming from buyers' bargaining power
Q7: A company's broad macroenvironment refers to
A)the industry
Q8: Which of the following is not one
Q9: _ is the most powerful and widely
Q10: Using the five-forces model of competition to
Q11: Which of the following conditions acts to
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