The most powerful of the five typical sources of competitive pressures is usually
A)the competitive pressures associated with the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry.
B)the competitive pressures that stem from the ready availability of attractively priced substitute products.
C)the benefits that emerge from close collaboration with suppliers and the competitive pressures that such collaboration creates.
D)the bargaining power and leverage that large customers are able to exercise.
E)associated with the potential entry of new competitors.

Question

Quizplus · Accepted Answer

The competitive pressures from rival sellers in the industry are typically the most intense, as companies continuously strive to outperform each other to gain market share and customer loyalty.

The Most Powerful of the Five Typical Sources of Competitive