Question $19$

A competitive environment where 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

lacks powerful driving forces and is thus likely to be relatively slow$-$changing and cause industry members

to have low profit margins.

typically results in a "buyers' market" where industry members are forced to reduce prices.

is conducive to industry members earning attractive profits.

requires that industry members have low costs in order to be competitively successful.

gives each industry competitor the best potential for growing rapidly and strongly differentiating its

product.