Business Studies, asked by amoldaphal21, 7 months ago

An industry is less attractive for suppliers when the
rivalry among existing
competitors is high or low?

Answers

Answered by monikaaadi81
4

Answer:

High

Explanation:

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Answered by anjalirawat2031
0

Introduction:

Typically, industry rivalry comes in the form of jockeying for position utilizing different strategies . Whenever the businesses are under competitive pressure or see an opportunity to enhance their position, competition heats up.

Explanation:

Suppliers are more attracted to industries that have high competition because they get reasonable prices for their supplies.

Therefore, the correct option is high.

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