Which of the following is a competitive force in the marketplace?
A) Cost leadership
B) Competition
C) Differentiation
D) Alliances

Question

Quizplus · Accepted Answer

Competition is a direct competitive force in the marketplace that can affect a company's profitability and market share. Cost leadership and differentiation are strategies a company can use to gain a competitive advantage, and alliances are a form of collaboration that can provide strategic benefits but are not necessarily a competitive force in and of themselves.

Which of the Following Is a Competitive Force in the Marketplace