A Competitive Environment in Which There Is Strong Rivalry Among

question 46

Multiple Choice

A competitive environment in which there is strong rivalry among sellers,low entry barriers,strong competition from substitute products,and considerable bargaining leverage on the part of both suppliers and customers

• A)is competitively unattractive from the standpoint of earning good profits.
• B)offers little ability to build a sustainable competitive advantage.
• C)is highly conducive to achieving strong product differentiation and high brand loyalty.
• D)offers moderate to good prospects for achieving low costs and building a sustainable competitive advantage.
• E)requires that industry members have a strongly differentiated product offering in order to be profitable.

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Definitions:

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