Rivalry is most intense when there are high exit barriers and high industry growth.

Name: Rivalry is most intense when there are high exit barriers and high industry growth.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Intense rivalry is the result of several interacting factors including: numerous or equally balanced competitors, slow industry growth, high fixed or storage costs, lack of differentiation or switching costs, capacity augmented in large increments, and high exit barriers.

Rivalry Is Most Intense When There Are High Exit Barriers