Which of the following combinations can result in a best-case scenario?
A)many competitors, high threat with and few entry barriers, and few customers
B)many competitors, high threat with and few entry barriers, and many customers
C)few entry barriers, many substitutes, and many customers
D)high industry growth, low threat with and many entry barriers, and customers with low bargaining power
E)low industry growth, high threat with and few entry barriers, and suppliers with low bargaining power

Question

Quizplus · Accepted Answer

A high industry growth means high demand for the product or service, low threat and many entry barriers means less competition, and low bargaining power of customers means the company can charge higher prices which contributes to a best-case scenario.

Which of the Following Combinations Can Result in a Best-Case