Question

Rivalry becomes more _ and unpredictable when competitors are diverse

Answer 1

Rivalry refers to the degree to which firms respond to competitive moves of the other firms in the industry. Rivalry becomes more volatile and unpredictable the more diverse competitors are in terms of their strategies, their personalities, their corporate priorities, their resources, and their countries of origin.

Answer 2

Answer:

Rivalry becomes "more intense and unpredictable" when competitors are diverse.

Explanation:

• The rivalry is the term which is used for defining the competition between the two who are in the same competitive world.
• The competition can arise in terms of strategy and the demands in the particular season.
• The rivalry can arise at any time and the prediction level is very less in case of this rivalry.
• Any entity can arise and create rivalry between the parties.
• Market rivalry is  stronger when compared to the demand for the "product is growing slowly".
• The reason for rivalry to become diverse is that in terms of their strategies, their personalities, the corporate priorities, the resource available etc.