Which One of the Following Increases the Competitive Pressures Associated

question 64

Multiple Choice

Which one of the following increases the competitive pressures associated with the threat of entry?

• A) Incumbent firms are likely to launch competitive initiatives to strongly contest the entry of newcomers.
• B) Buyers have a high degree of loyalty to the brands and product offerings of existing industry members.
• C) Buyer demand for the product is growing fairly slowly.
• D) Few outsiders have the expertise and resources to hurdle whatever entry barriers exist.
• E) Newcomers can expect to earn attractive profits.

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Definitions:

Racial

Pertaining to race or ethnicity, often used in the context of discussing diversity, ethnicity, and social dynamics.

Ethnic Groups

Collections of individuals who share common cultural, linguistic, or ancestral traits, distinguishing them from other groups.

Caregiver

Someone responsible for attending to the needs of a person who is elderly, sick, or disabled.

Female Adult Child

A grown woman who is considered in relation to her parents, often in the context of caregiving or family dynamics.