A competitive environment where there is weak to moderate rivalry among sellers,high entry barriers,weak competition from substitute products,and little bargaining leverage on the part of both suppliers and customers
A) lacks powerful driving forces.
B) gives each industry competitor the best potential for building sustainable competitive advantage. 
C) makes it hard for industry members to pursue a differentiation strategy.
D) is conducive to industry members earning attractive profits.
E) requires that industry members have low costs.

Question

Quizplus · Accepted Answer

A competitive environment with weak to moderate rivalry among sellers, high entry barriers, weak competition from substitute products, and little bargaining leverage on the part of both suppliers and customers would be conducive to industry members earning attractive profits. The high entry barriers make it difficult for new entrants to compete and the weak competition from substitute products reduces the threat of substitution. Additionally, the weak bargaining power of both suppliers and customers means that industry members can charge higher prices and earn higher profits.

A Competitive Environment Where There Is Weak to Moderate Rivalry