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Equity Investments Q199

199Which of the following characteristics is most likely to be exhibited by the industry that is experiencing intense competitive rivalry among incumbent companies?
  • Option : A
  • Explanation : The factor that most influences customer purchase decisions is likely to also be the focus of competitive rivalry in the industry. In general, industries where price is a large factor in customer purchase decisions tend to be more competitive than industries in which customers value other attributes more highly.
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