When Do Firms Tend to Find Intense Rivalry

question 72

Multiple Choice

When do firms tend to find intense rivalry?

• A) If demand is significantly more than overall capacity
• B) If markets are expanding
• C) If demand is significantly less than overall capacity
• D) If industry rivals offer relatively differentiated products
• E) If industry rivals offer absolutely differentiated products

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Definitions:

Motives

Internal processes that energize, direct, and sustain behavior.

Insight Therapies

A variety of psychotherapy methodologies focused on helping individuals gain insight into their problems and understand the underlying motives of their behaviors.

Motives

Motives are internal states that energize, direct, and sustain human behavior towards the achievement of goals or fulfillment of needs.

Action Therapies

A group of therapeutic techniques that focus on encouraging patients to engage in specific activities or behaviors as a way of dealing with psychological problems.