If there are many competitors and the barriers to entry are low, the

A) industry is attractive.
B) industry is unattractive.
C) customers have low bargaining power.
D) industry is mature.
E) industry is not mature.

Question

Rebecca Jönsson · Accepted Answer

Final Answer : B, Explanation :  When there are many competitors and the barriers to entry are low, it indicates that there is intense competition in the industry, making it difficult for businesses to differentiate themselves and maintain a sustainable competitive advantage. This results in a decrease in profitability and thus makes the industry unattractive. Low barriers to entry mean that new entrants can easily enter the market, which can further intensify the competition.

If there are many competitors and the barriers to entry are low, the

A) industry is attractive.
B) industry is unattractive.
C) customers have low bargaining power.
D) industry is mature.
E) industry is not mature.

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Learning Objectives

Related questions

If there are many competitors and the barriers to entry are low, theA) industry is attractive.B) industry is unattractive.C) customers have low bargaining power.D) industry is mature.E) industry is not mature.

Definitions

Learning Objectives

Learning Objectives

Related questions

If there are many competitors and the barriers to entry are low, the

A) industry is attractive.
B) industry is unattractive.
C) customers have low bargaining power.
D) industry is mature.
E) industry is not mature.