Which of the Following Conditions Is Most Likely to Cause

question 71

Multiple Choice

Which of the following conditions is most likely to cause fierce rivalry between competitors of an industry?

• A) Exit barriers in the industry are low
• B) Fixed costs in the industry are low
• C) Competitors are differentiated from each other
• D) Competition is based on the uniqueness of the industry's offerings
• E) The growth rate of demand for the industry's offerings is low

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Definitions:

Compliments

Expressions of praise, admiration, or congratulation directed towards someone as a gesture of goodwill.

Quite

to a certain or fairly significant extent or degree.

Accepting

The act of receiving or agreeing to something with approval.

Their

A possessive pronoun used to indicate belonging to or associated with the people or things previously mentioned or easily identified.