The State of Competition in an Industry Is a Function

question 1

Multiple Choice

The state of competition in an industry is a function of

• A) the competitive pressures associated with rivalry among competing sellers to attract customers.
• B) competitive pressures coming from the attempts of companies in other industries attempting to win buyers over to their substitute products.
• C) competitive pressures associated with the threat of new entrants into the marketplace.
• D) competitive pressures associated with the bargaining power of suppliers and customers.
• E) All of these

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