Identify Five Factors That Tend to Intensify Competitive Rivalry Among

question 44

Essay

Identify five factors that tend to intensify competitive rivalry among an industry's member firms.

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Definitions:

Telephone

A communication device that transmits and receives sound, typically voices, over long distances using wire or radio technology.

E-mail

A digital method of sending and receiving messages over the internet between individuals or groups.

Emotional Contagion

The phenomenon where emotions are transferred from one person to another, either consciously or unconsciously, leading to shared feelings among individuals or groups.

Feedback

Information given to an individual or group regarding their performance or behavior, intended to guide future actions.