MC Qu$.42$ A competitive environment in which there is $...$

A competitive environment in which there is weak to moderate rivalry among sellers, high entry barriers, weak competition from substitute products, and little bargaining leverage on the part of both suppliers and

customers

Multiple Choice

lacks powerful driving forces.

gives each industry competitor the best potential for building sustainable competitive advantage.

makes it hard for industry members to pursue a differentiation strategy.

is conducive to industry members earning atrractive profits.

requires that industry members have low costs.