Market maneuvering among industry rivals Select one: a. is usually an industry's strongest driving force. b. determines whether the industry's strategic group map will be static or dynamic. c. centers around collaborative efforts to overcome the bargaining power of powerful suppliers and powerful buyers. d. is ongoing and dynamic, with moves and countermoves of rivals producing a continually evolving competitive landscape that delivers winners and losers. e. is usually one of the two or three weakest competitive forces because of the close familiarity that rivals have for one another's likely next moves.

Question

Gwendolyn Francis

Social Studies

21 June, 11:36

Market maneuvering among industry rivals Select one: a. is usually an industry's strongest driving force. b. determines whether the industry's strategic group map will be static or dynamic. c. centers around collaborative efforts to overcome the bargaining power of powerful suppliers and powerful buyers. d. is ongoing and dynamic, with moves and countermoves of rivals producing a continually evolving competitive landscape that delivers winners and losers. e. is usually one of the two or three weakest competitive forces because of the close familiarity that rivals have for one another's likely next moves.

+5

Answers (1)

Know the Answer?

Serena Lindsey · Answer 1

d. is ongoing and dynamic, with moves and countermoves of rivals producing a continually evolving competitive landscape that delivers winners and losers.

Explanation:

The state of competition in an industry is complex because of the competitive pressures that operate in the areas of the general market: The competitive character and forces are never the same in each industry. A strong rivalry between competitors could be interpreted as a large number of strategies aimed at overcoming others, strategies that seek to take advantage of any sign of weakness in them, or their immediate reactions