In Which of the Following Cases Is the Strength of Competitive

question 34

Multiple Choice

In which of the following cases is the strength of competitive forces low?

• A)when rival products are priced relatively low
• B)when switching costs are high
• C)when finding rival products is easy
• D)when customer loyalty to the brand or company is low

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Definitions:

Younger Brother

A male sibling who is born after another sibling, sharing one or both parents in common.

Intimidating

Causing fear or apprehension often by being impressively large, powerful, intense, or capable.

Irritating

Causing annoyance, impatience, or mild anger, often through repetitive, bothersome, or frustrating behavior or occurrences.

Playful

Characterized by light-heartedness or amusement; engaging in activities for enjoyment and recreation rather than a serious or practical purpose.