In an Industry,the Rivalry Among Existing Competitors Is High When

question 92

Multiple Choice

In an industry,the rivalry among existing competitors is high when

• A) fixed costs are low and marginal costs are high.
• B) exit barriers are low.
• C) incumbent firms are highly committed to the business.
• D) industry growth is high.

---

Definitions:

Type D Personality

A personality type characterized by high levels of stress, negativity, and the tendency to experience emotions intensely, particularly negative ones.

Another Setback

an unforeseen or unexpected failure or obstacle that delays progress or makes a situation worse.

Failed Life

A subjective assessment of life not meeting personal, social, or professional expectations.

Hormone

A chemical messenger produced by glands in the body, which regulates various bodily functions and processes.