Interfirm rivalry is one area of the business environment where e-commerce technologies have had an impact on most industries.

Question

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E-commerce technologies have enabled companies to compete more effectively and efficiently with one another, thereby increasing interfirm rivalry. This is because e-commerce technologies have reduced barriers to entry, allowed for greater price transparency, and facilitated comparison shopping, all of which have contributed to a more competitive business environment. As a result, interfirm rivalry has become a major factor in most industries, with companies vying to outdo one another in terms of product quality, customer service, and overall value proposition.

Interfirm Rivalry Is One Area of the Business Environment Where