Industry characteristics of an attractive industry, one where firms may achieve strategic competitiveness and earn above-average returns, includes which of the following?
A) Low entry barriers
B) Suppliers and buyers with little bargaining power
C) Strong competitive threats from product substitutes
D) Moderate to high rivalry

Question

Quizplus · Accepted Answer

An attractive industry typically has suppliers and buyers with little bargaining power, which allows firms to maintain better control over pricing and costs, contributing to higher profitability.

Industry Characteristics of an Attractive Industry, One Where Firms May