Question: What is the rivalry among existing competitors? Multiple Choice high when competition is fierce in a market and low when competitors are more complacent the
What is the rivalry among existing competitors?
Multiple Choice
high when competition is fierce in a market and low when competitors are more complacent
the suppliers' ability to influence the prices they charge for supplies including materials, labor, and services
the ability of buyers to affect the price they must pay for an item
high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a
market
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