The Intensity of Rivalry Among Competing Sellers Does Not Depend

question 104

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 2 strategic groups.
• B) competitors are diverse in terms of visions, strategic intents, objectives, strategies, resources 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.
• E) industry conditions tempt industry members to use price cuts or other competitive weapons to boost unit sales.

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Definitions:

Cultural Variables

Factors that vary from one culture to another, affecting communication, behavior, and values, and requiring consideration in a global context.

Political

relating to the governance of a country or other area, especially the debate between parties having power.

Economic

Pertaining to the production, distribution, and consumption of goods and services, or the wealth and resources of a region.

Graphics

Visual elements such as charts, diagrams, drawings, and photographs, used to supplement or illustrate textual information.