In Which of the Following Cases Is the Strength of Competitive

question 32

Multiple Choice

In which of the following cases is the strength of competitive forces low?

• A) when switching costs are high
• B) when rival products are priced relatively low
• C) when customer loyalty to the brand or company is low
• D) when finding rival products is easy

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Definitions:

SUMIFS

A function in spreadsheet software that sums the values in a range based on multiple criteria.

SUMIFS

A function in Excel that adds the cells specified by a given set of conditions or criteria.

Precedents

In computing, refers to cells in a spreadsheet that affect the formula in another cell; in law, it refers to previous court decisions that guide future cases.

Create From Selection

A feature in various software applications that allows users to generate new content or objects based on a selected item or area.