Multiple Choice
In which of the following situations is the strength of competitive forces low?
A) when switching costs are high
B) when the prices of rival products are relatively high
C) when customers are not loyal to the existing company or brand
D) when finding rival products is difficult
Correct Answer:
Verified
Correct Answer:
Verified
Q4: A business that selects a differentiation strategy
Q5: According to Porter, the processes and systems
Q6: In Porter's five forces model, the threat
Q7: The strength of bargaining power of the
Q8: A firm introduces a new range of
Q10: Which of the following statements describes a
Q11: An information system can be part of
Q12: The support activities in the generic value
Q13: _ includes general management, finance, accounting, legal,
Q14: What is the criterion on which business