1. 2. 3. 4. Which one of the following statements about the rivalry among compet
ID: 345568 • Letter: 1
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Which one of the following statements about the rivalry among competing sellers is false? O Rivalry is usually weaker when buyer demand is growing rapidly, and stronger when buyer demand is growing slowly or even falling industry and launch aggressive, well-funded moves to transform their newly acquired O Rivalry increases when one or more competitors become dissatisfied with their sales Rivalry usually becomes more intense as competitors become more equal in size and O Rivalry becomes weaker as the products of rival sellers become less differentiated and competitors into major market contenders. volumes or market position and launch offensives to steal business away from rivals. capability, and as the number of competitors increases strengthens as the products of industry rivals become more strongly differentiated.Explanation / Answer
1. Rivalry becomes weaker as the products of rival sellers become less differentiated and strengthens as the products of industry rivals become more strongly differentiated.
2. It enables a company to predict or anticipate what important actions rivals are likely to take next, to be ready with defensive countermoves and to take rivals' probable actions into account in crafting its own best course of action.
3. An industry contains only one strategic group when all sellers compete in much the same market place, employing much the same strategies to appeal to much the same types of buyers.
4. Most buyers have the same needs and use the product in the same ways
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