Competitive Intensity in a Declining Industry Is Greatest When

question 81

Multiple Choice

Competitive intensity in a declining industry is greatest when:

• A) the industry is declining slowly instead of rapidly.
• B) the product is easy to differentiate.
• C) exit barriers are high.
• D) entry barriers are high.
• E) technology is stable.

---

Definitions:

Common Approaches

Standard or widely accepted methods or procedures used to achieve a particular goal or complete a task.

Competition-oriented

An approach or strategy focused on understanding, adapting to, and outperforming competitors in the marketplace.

Price Level

The current average cost of goods and services in an economy or specific market, which can affect purchasing power and economic health.

Approaches

The methods or strategies used in dealing with or accomplishing a task or goal.