Question: 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

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

Multiple Choice

offers little ability to build a sustainable competitive advantage.

offers moderate to good prospects for achieving low costs and building a sustainable competitive advantage.

is highly conducive to achieving strong product differentiation and high brand loyalty.

requires that industry members have a strongly differentiated product offering in order to be profitable.

is competitively unattractive from the standpoint of earning good profits.

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