Question: What are the characteristics that make the consumer electronics industry distinctive? Group of answer choices All of the other three answers. Firstly, over time the

What are the characteristics that make the consumer electronics industry distinctive?

Group of answer choices

All of the other three answers.

Firstly, over time the price of consumer electronics decline. Secondly, consumer electronic sales follow established patterns, as they are cyclical and seasonal.

Firstly, suppliers have high bargaining power and set their own prices. Secondly, the threat of substitutes products is low as new products can hardly displace older products.

Firstly, firms have high bargaining power and tend to increase prices over time. Secondly, consumer electronic sales are difficult to predict because they tend to be random and do not follow established patterns.

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