Resource similarity and____________ are factors that determine the extent to which firms will be in direct competition with each other.
A) market commonality
B) resource quality
C) related diversification
D) product differentiation
E) customer autonomy
Are factors that determine the extent to which firms will be in direct competition with

Question

Quizplus · Accepted Answer

Market commonality refers to the degree to which firms compete for the same customers and resources in the same markets. Higher market commonality increases the likelihood of direct competition between firms. The other factors listed may impact competition indirectly but are not as directly related to competition as market commonality.

Resource Similarity And____________ Are Factors That Determine the Extent to Which