When Is the Rivalry Among Existing Competitors in an Industry

question 77

Multiple Choice

When is the rivalry among existing competitors in an industry likely to be more intense?

• A) When the industry growth rate is high
• B) When firms make strategic commitments to compete in an industry
• C) When firms engage in non-price competition as opposed to price-cutting
• D) When the industry has low exit barriers

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Definitions:

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A business arrangement where one company gives another company permission to manufacture its product for a specified payment.

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Refers to the economic activities and exchanges that involve the trade of goods, services, technology, and capital across national borders.

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SWOT Analysis

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