Question: Question 3 8 1 pts A competitive environment in which there is weak to moderate rivalry among sellers, high entry barriers, weak competition from substitute

Question

38

1

pts

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

requires that industry members have low costs.

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

lacks powerful driving forces.

is conducive to industry members earning attractive profits.

Question 38 1 pts A competitive environment in which there is

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