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    Business
  3. Study Set
    Strategic Management
  4. Exam
    Exam 3: External Analysis: Industry Structure, Competitive Forces, and Strategic Groups
  5. Question
    Competitive Rivalry Based Solely on ________ Is Destructive to Firms
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Competitive Rivalry Based Solely on ________ Is Destructive to Firms

Question 7

Question 7

Multiple Choice

Competitive rivalry based solely on ________ is destructive to firms as it transfers most of the value created in the industry to the customers.


A) price-cutting
B) new product releases
C) promotional campaigns
D) product differentiation

Correct Answer:

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