True/False
When industry profits fall below normal levels, competition usually decreases.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q32: What is an industry?
Q53: What is supplier power and why is
Q55: An industry segment may simultaneously play the
Q56: It is not critical to know what
Q57: Key success factors can be likened to
Q59: Strategic-group analysis helps managers gain a better
Q60: In a truly global industry, competitive strategies
Q61: Coke and PepsiCo have increased market share
Q62: The five-forces model identifies the basic structure
Q63: The stability of the political environment is