One of the Conditions That Contributes to Intense Competitor Rivalry

question 11

Multiple Choice

One of the conditions that contributes to intense competitor rivalry is

• A) numerous or equally balanced competitors.
• B) slow industry growth.
• C) high fixed costs.
• D) diverse competitors.
• E) All of the answer choices are correct.

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Definitions:

Management Changes

Alterations or transitions in the leadership or administrative structures within an organization.

Organizational Resources

Assets, capabilities, processes, information, and knowledge that an organization controls and uses to achieve its objectives.

Customers Change

The phenomena where consumer preferences, behaviors, or demographics shift over time, impacting market dynamics.

Administrative Agencies

Governmental bodies responsible for implementing, overseeing, and enforcing laws and regulations in specific areas of expertise.