The Intensity of Rivalry Among Competing Sellers Does NOT Depend

question 19

Multiple Choice

The intensity of rivalry among competing sellers does NOT depend on whether

• A) the industry has more than two strong driving forces and whether the industry has more than two diverse and capable strategic groups.
• B) competitors are diverse in terms of long-term directions, objectives, strategies, and countries of origin.
• C) strong companies outside the industry have acquired weak firms in the industry and are launching aggressive moves to transform the acquired companies into strong market contenders.
• D) one or two rivals have particularly powerful and successful strategies to grow the business, attract and retain buyers, and develop a sustained competitive advantage.
• E) industry conditions attract industry members to use price cuts or other competitive weapons to boost total sales volume and market share.

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Definitions:

Self-Efficacy Expectations

Our beliefs that we can bring about desired changes through our own efforts.

Biological

Pertaining to the science of life or living organisms, focusing on the physical and chemical processes that occur within living things.

Eustress

Stress that is healthful.

Tend-And-Befriend Response

A behavior exhibited primarily by females as a response to stress, centering on nurturing activities and seeking social support.