Which of the Following Factors Causes an Increase in Competitive

question 67

Multiple Choice

Which of the following factors causes an increase in competitive rivalry?

• A) Fast industry growth
• B) Undifferentiated services
• C) Low exit barriers
• D) Fewer number of competitors

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Definitions:

Diversity

The inclusion of a wide range of different people, ideas, cultures, and characteristics in a group or organization.

Racism

Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

Low-context

A communication style where messages are explicit and specific, relying less on situational and non-verbal cues.

Explicitly Spelled Out

Information or instructions that are provided in a clear, direct, and detailed manner, leaving no room for confusion or interpretation.