Which of the following is an element of company strategy,structure,and rivalry?
A)sales of companies in an industry
B)size of market
C)number of suppliers
D)intensity of competition
E)number of sophisticated consumers

Question

Quizplus · Accepted Answer

The intensity of competition is a key aspect of company strategy, structure, and rivalry as it determines how fiercely companies within an industry compete against each other. This can impact pricing, marketing, and innovation strategies. Factors such as the number of suppliers, market size, and sophistication of consumers can also influence competition but are not considered direct elements of company strategy, structure, and rivalry. Sales of companies in an industry are a result of competition, but do not determine the competitive environment itself.

Which of the Following Is an Element of Company Strategy,structure,and