Factors That Tend to Result in Weak Rivalry Among Competing

question 96

Multiple Choice

Factors that tend to result in weak rivalry among competing sellers include

• A) low buyer switching costs and low barriers to entry.
• B) rapid growth in buyer demand, high buyer costs to switch brands, and so many industry rivals that any one company's actions have little impact on rivals' businesses.
• C) weakly differentiated products among rival sellers.
• D) rivals that are quite diverse in terms of their strategies, objectives, and countries of origin.
• E) conditions where outsiders have recently acquired weak competitors and are trying to turn them into major contenders.

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Definitions:

Feasibility

The measure of how easily or conveniently a proposed project or study can be carried out or implemented.

Effectiveness

The degree to which a specific intervention, procedure, regimen, or service produces a beneficial result under real-world conditions.

Beneficial Result

A positive outcome or advantage gained from a particular action, procedure, or intervention.

Scarce Resources

Resources that are limited in availability, meaning they cannot meet all the demands placed on them.