Under Industry Structural Analysis (Chapter 2), ____ Rivalry Is Viewed

question 127

Multiple Choice

Under industry structural analysis (chapter 2) , ____ rivalry is viewed as detrimental to profitability. Under the model of national advantage (chapter 8) , ____ rivalry is viewed as ____ as it results in competition and surviving firms are able to compete against global rivals.

• A) low; low; beneficial
• B) low; low; detrimental
• C) high; high; beneficial
• D) high; high; detrimental

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Definitions:

Chemical Equilibrium

A state in a chemical reaction where the rates of the forward and reverse reactions are equal, leading to constant concentrations of products and reactants.

Competing Reactions

Chemical reactions that proceed simultaneously from the same reactants to form different products, often influencing the yield and rates of each other.

Reverse Reaction

A chemical reaction that occurs in the opposite direction of the forward reaction, converting the products back into the original reactants under certain conditions.

Equilibrium Reaction

A reversible chemical reaction where the rate of the forward reaction equals the rate of the backward reaction, resulting in stable concentrations of reactants and products.