Multiple Choice
The nature and strength of the competitive forces that prevail in an industry is generally a joint product of
A) the pressures induced by the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry.
B) the threat that firms outside the industry will decide to enter the market.
C) the attempts of companies in other industries to win buyers over to their own substitute products.
D) competitive pressures stemming from the bargaining power of both suppliers and buyers.
E) All of these.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Increasing globalization of the industry can be
Q11: Industry rivals tend to experience weak competitive
Q13: When one or more industry members have
Q17: Supplier bargaining power is weaker when<br>A) good
Q45: In analyzing driving forces, the strategist's role
Q82: Identify and briefly explain any three of
Q91: Which of the following can aid industries
Q92: Identify and briefly explain any three factors
Q105: Identify and briefly explain any three factors
Q134: Collaborative relationships between particular sellers and buyers