When Is Rivalry Among Existing Competitors High in the Five

question 77

Multiple Choice

When is rivalry among existing competitors high in the Five Forces Model?

• A) When there are a large number of competitors in a market
• B) When there are a small number of competitors in a market
• C) When the competition in a market is fierce
• D) When the competition in a market is more complacent allowing some businesses to excel

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Definitions:

Security Laws

Regulations designed to protect investors, ensure fair market operations, and prevent financial frauds, governing the trade of stocks, bonds, and other securities.

Internet Growth

The rapid expansion of internet accessibility, usage, and technology developments, leading to widespread changes in communication, commerce, and information sharing globally.

Living Wage

A wage level that enables an employee to afford a basic but decent standard of living, considering the cost of living in their area.

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Essential requirements for human survival and well-being, such as food, water, shelter, and safety.