Question: Multiple Choice : Select the best response from the options provided. Competitive pressures associated with rivalry and substitutes are the two strongest of the five

Multiple Choice :

Select the best response from the options provided.

  • Competitive pressures associated with rivalry and substitutes are the two strongest of the five competitive forces.

  • Substitutes alone is the strongest of the five competitive forces as consumers can choose to purchase at retail and discount stores.

  • None of the competitive forces is relatively strong in this industry.

  • Competitive pressures, associated with the bargaining power of suppliers, is the strongest of the five competitive forces as there are not many suppliers willing to sell to wholesale clubs.

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