Factors that cause the rivalry among competing sellers to be weak include: Group of answer choices slow growth in buyer demand and strongly differentiated products. rapid growth in buyer demand and high buyer switching costs. low buyer switching costs and rival sellers that are relatively equal in size and capability. low barriers to entry and weakly differentiated products among rival sellers.

Question

Business

Amelia Turner

13 December, 20:59

Factors that cause the rivalry among competing sellers to be weak include: Group of answer choices slow growth in buyer demand and strongly differentiated products. rapid growth in buyer demand and high buyer switching costs. low buyer switching costs and rival sellers that are relatively equal in size and capability. low barriers to entry and weakly differentiated products among rival sellers.

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Answers (1)

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Theresa · Answer 1

slow growth in buyer demand, weakly differentiated products among rival sellers.

Explanation:

There a number of causes that relate to the firms rivalry among its competitors.

1. Barriers to entry.

2. Bargaining power of the buyers.

3. Bargaining power of the suppliers.

4. Threat of substitutes.

5. Slow industry growth.

6. Lack of differentiation and switching costs.

7. Diverse competitors.

8. High strategic stakes.