A Competitive Environment Where There Is Weak to Moderate Rivalry

question 61

Multiple Choice

A competitive environment where there is weak to moderate rivalry among sellers,high entry barriers,weak competition from substitute products,and little bargaining leverage on the part of both suppliers and customers

• A) lacks powerful driving forces.
• B) gives each industry competitor the best potential for building sustainable competitive advantage.

• C) makes it hard for industry members to pursue a differentiation strategy.
• D) is conducive to industry members earning attractive profits.
• E) requires that industry members have low costs.

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Definitions:

Polygenic

Relating to or resulting from the influence of multiple genes, especially with regard to traits that exhibit a continuous distribution in the population.

Skin Color

The pigmentation of the skin, primarily determined by genetic inheritance influencing the amount and type of melanin produced.

Height

The measurement of someone or something from base to top or from the ground to a designated top point, expressing vertical dimension.

Blood Type AB

A human blood group characterized by the presence of both A and B antigens on the surface of red cells, making it the universal recipient type in blood transfusion.