In emerging industries where demand is growing, competitive rivalry is
A) too difficult to gauge
B) low
C) moderate
D) high

Question

Quizplus · Accepted Answer

In emerging industries, demand is growing and there are usually few established competitors. This leads to low competition in the market, as the market is not yet saturated and there are opportunities for new entrants to enter the market. However, as the industry grows and matures, competition may increase, but in the early stages, the competitive rivalry is low.

In Emerging Industries Where Demand Is Growing, Competitive Rivalry Is