Question: According to Porter's Five Forces framework, what role does the intensity of rivalry among existing competitors play in shaping strategy? Intense rivalry encourages collaboration and

According to Porter's Five Forces framework, what role does the intensity of rivalry among existing competitors play in shaping strategy?
Intense rivalry encourages collaboration and cooperation among competitors.
Intense rivalry leads to increased profitability for all competitors.
Intense rivalry can result in price wars, decreased profitability, and the need for differentiation strategies.
The intensity of rivalry has no significant impact on shaping strategy.
According to Porter's Five Forces framework, what role does the intensity

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