An industry is less attractive for suppliers when the
rivalry among existing
competitors is high or low?
Answers
Answered by
4
Answer:
High
Explanation:
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Answered by
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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