Rivalry Among Competing Sellers Is Generally More Intense When

question 92

Multiple Choice

Rivalry among competing sellers is generally more intense when:

• A) there are relatively few industry key success factors and rivals have highly differentiated products.
• B) the industry's driving forces are strong and rivals have strongly differentiated products.
• C) barriers to entry are moderately high and the pool of likely entry candidates is small.
• D) rivals are active in making fresh moves to lower prices,introduce new products,increase promotional efforts and advertising,and otherwise gain sales and market share.
• E) barriers to entry are high and buyer switching costs are high.

---

Definitions:

Ethnomethodologists

Specialists in the study of how people make sense of their everyday social interactions, focusing on the methods and practices used to construct social order.

Unobtrusive

Not conspicuous or attracting attention; discreet and not easily noticed.

Durkheim

Reiterating, a sociologist who explored the complex relationship between individual actions and broader social forces, illustrating how societal norms and values influence behavior.

Ethnomethodology

The study and analysis of the ways in which people make sense of their social worlds, practices, and interactions, focusing on the everyday.